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General Motors has secured a new supply contract for electric vehicle components, including cathode materials and magnetic components, with a five-year term and fixed price corridor. The deal includes a Michigan facility expansion adding 150,000 units of annual capacity.
“The deal spans key components across the plant network, including fresh cathode materials and magnetic components, with shared capabilities that support multiple operations.”blog.gettransport.com
Summarized from public sources; check the original articles before acting on it.