GM’s BrightDrop to reach $1B in revenue by 2023; $10B by 2030
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Vale and GM Sign Long-Term Nickel Supply Agreement in Canada Critical to North American EV Supply Chain
November 17, 2022 2:00 PM ESTTORONTO and DETROIT, Nov. 17, 2022 /PRNewswire/ -- Vale Canada Limited, a subsidiary of Vale S.A., and General Motors Co. (NYSE: GM), announced today they have signed a term sheet for the long-term supply of battery grade nickel sulfate from Vale's proposed plant at Bécancour, Québec, Canada. This agreement secures for GM a supply of nickel sulfate from a U.S. free-trade partner to support its fast-growing EV production needs in North America.Under terms of the... More
Nel ASA and GM Collaborate on Cost Competitive Renewable Hydrogen Production
November 16, 2022 7:00 AM ESTDETROIT and OSLO, Norway, Nov. 16, 2022 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE: NEL), has entered into a joint development agreement with General Motors (NYSE: GM) to help accelerate the industrialization of Nel's proton exchange membrane (PEM) electrolyzer platform. By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolyzers, the two companies are looking to enable more cost competitive sources of renewable... More
Nel ASA: Nel and GM collaborate on cost competitive renewable hydrogen production
November 16, 2022 1:39 AM ESTDETROIT and OSLO, Norway, Nov. 16, 2022 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel)Â (OSE: NEL), has entered into a joint development agreement with General Motors (NYSE: GM) to help accelerate the industrialization of Nel's proton exchange membrane (PEM) electrolyser platform. By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolysers, the two companies are looking to enable more cost competitive sources of renewable... More
