Recent Battery Deals Could Indicate Manufacturers Are Up To The Task Congress Gave Them

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Recent Battery Deals Could Indicate Manufacturers Are Up To The Task Congress Gave Them
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A large reason people were hesitant about the most current version of US electric vehicle subsidies was that it wouldn't provide funding to vehicle makers who rely on China for minerals used in batteries. Some

A large reason people were hesitant about the most current version of US electric vehicle subsidies was that it wouldn’t provide funding to vehicle makers who rely on China for minerals used in batteries.it would either lead to a slower EV adoption rate or more sales of PHEVs

This gives Beijing significant power over not just the electric vehicle market, but also global economic security Queensland Pacific Metals’ nickel and cobalt will assist in powering a diverse fleet of trucks, SUVs, vans, and luxury vehicles from GM — such as the Chevrolet Silverado EV, GMC HUMMER EV Pickup and SUV, Cadillac LYRIQ, Chevrolet Blazer EV, and Chevrolet Equinox EV.

Queensland Pacific Metals will use a patented refining and recycling process called the DNi Process to import high-grade nickel laterite ore from New Caledonia for processing at the TECH facility. The environmentally sound methods employed in this technology extract nickel, cobalt, and other precious metals from laterite without causing any damage to the environment.

Stellantis and GME Resources Limited have finalized their binding agreement to sell quantities of battery grade nickel and cobalt sulphate products from the NiWest Nickel-Cobalt Project in Western Australia.

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