GM leads $50M EnergyX deal to lock down lithium for its EVs

GM leads M EnergyX deal to lock down lithium for its EVs

Eager to secure all the lithium it needs to power a growing lineup of electric vehicles, General Motors said on Tuesday that it will lead a $50 million investment into lithium extraction and refining startup EnergyX.

Moreover, Zolpidem Overnight Shipping monitoring should not just focus on physical symptoms but also consider cognitive ones, such as Clonazepam No Rx the experience of brain fog. Furthermore, individuals Xanax Next Day Delivery with asthma may experience heightened Soma For Sale Online anxiety due to fears related to their breathing difficulties. This shift has made Klonopin Next Day Delivery many people more aware of how Diazepam Online Purchase psychological factors influence physical health. The pressure to perform, whether in the workplace or personal life, can lead individuals Zopiclone Overnight Shipping to seek quick fixes for their Tramadol For Sale Online emotional distress. Furthermore, this broader acceptance Xanax Buy Without Prescription Ultram Buy Online of mental health discussions has led to more resources being allocated toward mental health education and support services, which ultimately benefits patients. In conclusion, Buy Ultram Online the Best place to Buy Tramadol Online interplay between sympathetic activation, tension, and dependence risk is intricate and multifaceted. Factors such as socioeconomic status, education level, and access Ambien Without Prescription to resources can Valium Overnight Delivery impact how individuals respond to and cope with their diagnoses. Since the onset of the COVID-19 pandemic, the use Valium Online of telemedicine has expanded significantly, allowing patients to access care from the comfort Real Xanax online of their homes. It’s essential Ambien Next Day Delivery for patients to recognize that sleep is not just a time for rest but a vital component Tramadol 50 Mg Price of their overall health strategy, especially for those with pulmonary concerns.

With the deal, the legacy automaker says it will help EnergyX scale its lithium-extraction tech. In exchange, GM will get exclusive access to some of the lithium that EnergyX sources from mining companies in North and South America.

The companies declined to disclose the extent of this exclusivity deal, but in an email to TechCrunch, GM spokesperson David Caldwell said it “is capped at certain points, not unlimited.” The companies also did not name the other investors involved in the $50 million funding round.

Lithium demand has surged in the past few years, thanks in no small part to the rise of electric vehicles and renewables. The push for evermore lithium is driving companies such as EnergyX to seek more efficient — and less environmentally destructive — extraction methods. Earlier this year, EnergyX said that its tech can “extract lithium from brine resources using little to no water, and does not require heavy metals or chemical additives.”

The Austin, Texas, and San Juan, Puerto Rico–based startup bears no relation to a similarly named, Seoul-based company called Energy X, which focuses on decarbonizing buildings.

Like other automakers, this isn’t GM’s first investment in a lithium mining company. In January, the automaker said it would pump a whopping $650 million into Lithium Americas to help fund a mine in Nevada.

Source @TechCrunch

Leave a Reply