Following the lithium deal in Nevada, GM is exploring additional sources for EV mineral supplies.

General Motors is pursuing additional North America n investments in lithium and other essential minerals for electric vehicles following a nearly $1 billion investment in a Nevada mine this week. The automaker announced a joint venture with Lithium Americas on Wednesday to develop the Thacker Pass lithium mine, the largest source of lithium in North America.

This partnership raises GM 's total investment in the project to $950 million, adding $325 million to an earlier commitment made last year. It grants GM partial ownership of the mine and extends its access to lithium production for at least 20 years.

While the Thacker Pass joint venture is expected to provide a substantial supply of lithium, GM is also exploring other mineral supply agreements across North America, according to Jeff Morrison , GM's senior vice president of global purchasing and supply chain. Most of GM's partnerships focus on mineral supply rather than joint ventures.

Morrison emphasized that GM's objective is not to operate as a mining company but to establish a reliable supply chain in North America with strategic partners. The automaker also has agreements for cobalt purchases from Glencore , investments in Queensland Pacific Metals, and a lithium supply deal with Arcadium Lithium , among others.

Additionally, GM invested in the Controlled Thermal Resources Hell's Kitchen geothermal brine project in California in 2021, although that project has faced delays. Morrison stated that GM continues to work closely with the project.