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General Motors has agreed to make strategic investments and partnerships with California geothermal energy company CTR to ensure low-cost lithium resources from within the country. The cooperation aims to accelerate the introduction of lithium extraction methods with less environmental impact.

A significant portion of the battery grade lithium hydroxide and lithium carbonate used by General Motors in the future will be extracted from the geothermal brine of CTR's "Hell Kitchen" project in Salton Sea, California.

GM Global Product Development Doug Parks, Executive Vice President of Procurement and Supply Chain, said, "Lithium is crucial to today's battery production, and as consumer adoption of electric vehicles increases, we will accelerate our journey to the all-electric future "Moving forward, lithium will only become more important. By ensuring the localization of the lithium supply chain in the United States, it will help us manufacture powerful, affordable, and longer range electric vehicles, while mitigating the environmental impact, and bringing more low-cost lithium to the entire market."

The investment in CTR is part of GM's plan to invest $35 billion in electric and autonomous vehicle. CTR expects to supply GM with lithium for the "Hell Kitchen" project from 2024.

General Motors has established a battery plant with LG Energy Solutions in northeastern Ohio, and Ultium Cells, a joint venture between the two companies, is planning to establish a second plant in Spring Hill, Tennessee. The $2.3 billion factory is scheduled to start production in 2023. The background of the General Motors battery plan is to completely abandon the internal combustion engine by 2035. First, by 2025, there will be 30 pure electric vehicle models worldwide, and the sales of electric vehicles will reach 40%.

The U.S. Department of Energy Loan Program Office (LPO) has also released guidance and an overview to explain the various uses of the Advanced Technology Vehicle Manufacturing Loan Program (ATVM), which has approximately $17 billion in loan rights. The ATVM program can provide loans to car battery cell and battery pack manufacturers to renovate, expand, or build their production facilities in the United States.

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