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POSCO Chemical wins KRW 13.8 trillion cathode material supply deal with GM · Endata

◂ Announcements

Jul 28, 2022CONTRACTGwangyang, South Korea

POSCO Chemical wins KRW 13.8 trillion cathode material supply deal with GM

POSCO Chemical signed a contract with General Motors to supply high-nickel cathode materials worth approximately KRW 13.7696 trillion from 2023 to 2025. The materials will be produced at the Gwangyang plant and supplied to Ultium Cells, the GM-LG Energy Solution battery joint venture.

Value

$10.5B (13769.6B KRW)

Status

Announced

Productshigh-nickel cathode materials for EV batteries

CompaniesGeneral Motors customer Ultium Cells customer POSCO Chemical supplier

Sectors#Automotive Components

“포스코케미칼은 GM과 약 13조7696억원 규모의 양극재 공급 협약을 체결했다고 28일 밝혔다.”fnnews.com

1 source
fnnews.com포스코케미칼, 13조7696억원 규모 양극재 수주.. GM에 공급 - 파이낸셜뉴스[email protected] 구자윤 기자Jul 28, 2022

Summarized from public sources; check the original articles before acting on it.

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