# POSCO Chemical wins $10.6B cathode order from General Motors

POSCO Chemical won a 13.8 trillion won ($10.6 billion) order to supply cathodes to Ultium Cells, a joint venture between LG Energy Solution and General Motors, from 2023 through 2025.

- Type: Contract
- Announced: 2022-07-28
- Where: Gwangyang, South Jeolla Province, South Korea
- Value: $10.6B (13800.0B KRW)
- Status: announced
- Products: cathodes for electric vehicle batteries
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [General Motors](https://endata.com/companies/4654.md) (customer)
- [Ultium Cells](https://endata.com/companies/12110.md) (customer)
- [POSCO Chemical](https://endata.com/companies/44695.md) (supplier)

## Sources

- [kedglobal.com](https://www.kedglobal.com/us/batteries/newsView/ked202207290015), 2022-07-29: "POSCO Chemical Co. announced Thursday that it won 13.8 trillion won ($10.6 billion) worth of cathode orders from General Motors."
- [kedglobal.com](https://www.kedglobal.com/batteries/newsView/ked202207290015), 2022-07-31: "POSCO Chemical Co. announced Thursday that it won 13.8 trillion won ($10.6 billion) worth of cathode orders from General Motors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.