General Motors and Livent Enter Long-Term Lithium Hydroxide Supply Agreement

Lithium hydroxide is crucial to GM’s plans to make higher performance, higher mileage EVs. Livent will provide battery-grade lithium hydroxide to GM over a six-year period beginning in 2025. Over the course of the agreement, Livent will increasingly supply battery-grade lithium hydroxide to GM from its manufacturing facilities in the U.S., with the goal of transitioning 100% of Livent’s downstream lithium hydroxide processing for GM to North America. “We will further localize the lithium supply chain in North America over the course of the agreement. General Motors Cautionary Note on Forward-Looking Statements: This press release and related comments by management may include “forward-looking statements” within the meaning of the U.S. federal securities laws.