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GM signs USD 18.8 billion deal with LG Chem for EV cathode material from Tennessee plant

On February 7, LG Chem announced it has secured a long-term cathode material supply contract with General Motors worth KRW 25 trillion (USD 18.8 billion).
A long-term supply contract to commence from 2026 through 2035, LG Chem will supply GM more than 500,000 tons of cathode materials, enough to power 5 million EVs w....

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