#GeneralMotors moves deeper into mining with #EnergyX #lithium investment

By Ernest Scheyder, April 11, 2023

"The EnergyX investment comes after GM in January agreed to pay $650 million to become the largest shareholder in #LithiumAmericas Corp (LAC.TO), which is developing the #ThackerPass clay lithium project in Nevada."

https://www.reuters.com/business/autos-transportation/general-motors-moves-deeper-into-mining-with-energyx-lithium-investment-2023-04-11/

GM Ventures, the venture capital unit of GM, is leading a $50m Series B investment round for lithium extraction startup EnergyX. The partnership aims to secure a lithium supply for GM’s EV batteries from North American sources using EnergyX’s technology. EnergyX claims its technology can extract lithium from brine more efficiently and sustainably than current methods.

#GM #EnergyX #Lithium

https://electrek.co/2023/04/11/gm-invests-energyx-north-american-lithium-supply-sustainable-extraction/

General Motors will lead a $50 million funding round for lithium extraction startup EnergyX

https://www.cnbc.com/2023/04/11/general-motors-energyx-investment.html

#gm #energyx #texas #lithium #technology #batteries #environment #science

https://www.n-tv.de/wirtschaft/Drohen-Stromausfaelle-durch-immer-mehr-Elektroautos-article23844247.html
"What is certainly positive for the climate could become a problem for the energy supply: More and more Germans are buying electric cars. However, a charging station in the garage consumes a lot of electricity - and if the heat pump in the basement is also working, it can lead to overloads, warns the Federal Network Agency."

#ev #Blackout #energyx #germany #automotive #electrocar