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The Race Is On: GM Makes Multimillion Dollar Investment In U.S. Lithium Project
We have been extensively documenting the amount of natural resources that are going to be necessary to make the world-wide shift to EVs that it looks like the globe is on the cusp on. Considering the amount of raw materials necessary, and the way that they are mined, is paramount in trying to visualize the carbon footprint of EVs that use many rare earth minerals in their batteries.
And so, as the industry shifts more toward EV, so comes new infrastructure - and that's exactly what General Motors is planning, according to a new report from Reuters. The major U.S. automaker is now investing in a U.S. lithium project that could become the largest in the country by 2024.
It makes GM one of the first automakers to develop its own source of lithium. The company said last week it will be making a "multimillion-dollar investment" and will help develop Controlled Thermal Resources (CTR) Ltd's Hell's Kitchen geothermal brine project near California's Salton Sea.