General Motors (GM) Invests $650M in Lithium Americas (LAC), Enters Supply Agreement

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Go back to General Motors (GM) Invests $650M in Lithium Americas (LAC), Enters Supply Agreement

GM and Lithium Americas to Develop U.S.-Sourced Lithium Production through $650 Million Equity Investment and Supply Agreement

January 31, 2023 6:30 AM EST

Thacker Pass in Nevada is the largest known source of lithium in the United StatesGM to receive exclusive access to Phase 1 production Material sourced from Lithium Americas will help support EV eligibility for consumer incentives under the U.S. clean energy tax credits

DETROIT AND VANCOUVER, BC, Jan. 31, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) and Lithium Americas Corp. (TSX: LAC and NYSE:... More