General Motors has increased its investment in a lithium mine to nearly $1 billion, according to a recent report. The move aims to secure a stable supply of the crucial mineral for electric vehicle production. As the demand for EVs continues to grow, GM's decision highlights the importance of reliable access to lithium and other key battery materials.

Source: https://www.ft.com/content/ebeeca69-a560-45e9-a4c9-7204bdd82e11