GM invests in Canadian battery recycler to fight supply shortage:
General Motors is partnering with a Canadian battery recycler to produce new batteries from recovered battery materials, as it aims to scale EV production in North America amid supply shortages and rising costs.
The automaker invested through its GM Ventures arm in a Series A financing round for Lithion Recycling, a developer of advanced battery recycling technology. Together, the two companies will work toward establishing a circular ecosystem for recycling EV batteries, a critical bottleneck as the industry races to phase out gas engines at the end of the decade.
Until recently, the EV rollout worldwide has focused on building ample charging stations to support the spate of battery-electric vehicles expected on the road by 2030. But the COVID-19 pandemic and war in Ukraine halted global supply chains, making the raw materials used for batteries scarcer and more expensive.
GM and other automakers are pushing for more control over the supply by onshoring operations and bringing more of the battery lifecycle in house. About 15 million tons of lithium-ion batteries are expected to retire by 2030, the deadline most automakers have set for phasing out gas-engine vehicles, according to AquaMetals.
(Score: 2) by krishnoid on Sunday September 25 2022, @01:02AM (2 children)
Well, we have a well-informed public servant [youtu.be] who says that's how you get batteries working in electric airplanes, so sounds legit.
(Score: 2, Insightful) by Anonymous Coward on Sunday September 25 2022, @01:29AM (1 child)
Ick, damn I wish I hadn't seen that link. Now I can't un-see it, yecccch.
Until now I'd only read her name. Since I don't watch TV news (etc) had not seen her in action.
(Score: 2) by maxwell demon on Sunday September 25 2022, @09:26AM
Why? I don't think she looks that bad.
Now maybe you made the mistake to have subtitles on, so you could see what she said. Well, that's your fault then. :-)
The Tao of math: The numbers you can count are not the real numbers.
(Score: 3, Interesting) by Username on Sunday September 25 2022, @12:30PM (1 child)
Detroit is a US/Canada border town. Makes sense to source from the canadian side, not sure why the international aspect is brought up, could be I'm an idiot and the company name is "Canadian Battery."
Automakers are not racing to phase out gas engines. A few select governments are racing to phase out combustion engines.
The covid pandemic did not halt global supply chains. The government enforced lockdowns halted global supply chains, and those responsible are still not brought to justice.
Ukraine is thousands of miles from detroit and I'm about 95% sure they do not supply any parts to GM vehicles. About 95% sure most of the foreign imports for GM comes from Mexico and Canada.
Again, automakers are not phasing out gas-engines.
(Score: 1, Informative) by Anonymous Coward on Monday September 26 2022, @03:58AM
> Again, automakers are not phasing out gas-engines.
Correct, not any time soon (next few years). But, the writing appears to be on the wall, because the car companies are phasing out the engineers that develop new/updated combustion engines. Ford went so far as to separate powertrain development into electric and combustion divisions, and from what I recall they aren't hiring any new people on the combustion side.