GM leads $50M EnergyX deal to lock down lithium for its EVs

Eager to secure all the lithium it needs to power a growing lineup of electric vehicles, General Motors said on Tuesday that it will lead a $50 million investment into lithium extraction and refining startup EnergyX.
With the deal, the legacy automaker says it will help EnergyX scale its lithium-extraction tech. In exchange, GM will get exclusive access to some of the lithium that EnergyX sources from mining companies in North and South America.
The companies declined to disclose the extent of this exclusivity deal, but in an email to TechCrunch, GM spokesperson David Caldwell said it “

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