GM recently released its 2022 Sustainability Report which is focused on GM’s progress toward its vision of an all-electric future, the company says. The report includes highlights around investments to scale EV production capacity, partnerships to improve the sustainability of GM’s supply chain, and efforts made to secure the renewable energy needed to power its U.S. sites by 2025. GM says it has committed to carbon neutrality in its global productions and operations by 2040 and has Science Based Targets initiative-approved targets for greenhouse gas reductions.
Through investments in EV and battery cell manufacturing, GM says it is rapidly scaling up its production footprint for the capacity to build 1 million EVs in North America in 2025. GM adds it has already secured all the battery raw materials to support its goal of 1 million units of EV capacity in North America in 2025.
GM opened its first Ultium Cells LLC battery manufacturing plant in Warren, Ohio, in August 2022, and is planning to open additional facilities in mid-2023 (Spring Hill, Tennessee) and late 2024 (Lansing, Michigan). In April, GM also announced a plan for a joint investment of more than $3 billion with Samsung SDI to build a new battery cell manufacturing plant in the U.S. that is targeted to begin operations in 2026 (location to be shared at a later date). GM and Samsung SDI will jointly operate the facility, which is projected to have production lines to build nickel-rich prismatic and cylindrical cells.