[{"data":1,"prerenderedAt":750},["ShallowReactive",2],{"ticker-data":3,"story-article/us-automakers-dial-back-north-american-battery-manufacturing-investments-ceding-control-to-south-korean-partners":540},[4,52,82,112,148,186,228,259,296,328,371,412,450,481,510],{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":8,"today":9,"last":10,"percentageChange":11,"yearToDate":12,"yearOnYear":13,"oneYearIndexTrend":14,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"2026-05-27","2wk","Updated every 2 weeks","Lithium",411.01,408.51,0.61,75.85,175.57,[15,16,18,21,24,27,30,33,36,39,42,45],{"date":5,"value":9},{"date":17,"value":10},"2026-05-13",{"date":19,"value":20},"2026-04-29",372.51,{"date":22,"value":23},"2026-04-15",354.35,{"date":25,"value":26},"2026-04-01",346.55,{"date":28,"value":29},"2026-03-18",351.32,{"date":31,"value":32},"2026-03-04",346.6,{"date":34,"value":35},"2026-02-18",324,{"date":37,"value":38},"2026-02-04",337.67,{"date":40,"value":41},"2026-01-21",298.32,{"date":43,"value":44},"2026-01-07",233.73,{"date":46,"value":47},"2025-12-24",203.79,"/lithium/prices",null,false,true,{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":53,"today":54,"last":55,"percentageChange":56,"yearToDate":57,"yearOnYear":58,"oneYearIndexTrend":59,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"Lithium Carbonate",449.85,451.12,-0.28,77.12,181.56,[60,61,62,64,66,68,70,72,74,76,78,80],{"date":5,"value":54},{"date":17,"value":55},{"date":19,"value":63},404.38,{"date":22,"value":65},381.25,{"date":25,"value":67},371.52,{"date":28,"value":69},373.01,{"date":31,"value":71},366.63,{"date":34,"value":73},349.17,{"date":37,"value":75},356.81,{"date":40,"value":77},316.73,{"date":43,"value":79},253.98,{"date":46,"value":81},220.12,{"publishedDate":5,"updateFrequency":6,"updateFrequencyText":7,"label":83,"today":84,"last":85,"percentageChange":86,"yearToDate":87,"yearOnYear":88,"oneYearIndexTrend":89,"url":48,"subscription":49,"isProtected":50,"hasAccess":51},"Lithium Hydroxide",358.35,350.28,2.3,76.32,168.94,[90,91,92,94,96,98,100,102,104,106,108,110],{"date":5,"value":84},{"date":17,"value":85},{"date":19,"value":93},328.09,{"date":22,"value":95},316.95,{"date":25,"value":97},311.86,{"date":28,"value":99},321.41,{"date":31,"value":101},319.14,{"date":34,"value":103},295.42,{"date":37,"value":105},310,{"date":40,"value":107},270.4,{"date":43,"value":109},203.24,{"date":46,"value":111},177.17,{"publishedDate":19,"updateFrequency":113,"updateFrequencyText":114,"label":115,"today":116,"last":117,"percentageChange":118,"yearToDate":119,"yearOnYear":120,"oneYearIndexTrend":121,"url":147,"subscription":49,"isProtected":50,"hasAccess":51},"1wk","Updated every week","Cobalt",244.61,252.61,-3.17,3.99,97.72,[122,123,124,127,129,132,133,136,138,141,143,146],{"date":19,"value":116},{"date":25,"value":117},{"date":125,"value":126},"2026-03-25",252.45,{"date":28,"value":128},252.84,{"date":130,"value":131},"2026-03-11",253.48,{"date":31,"value":126},{"date":134,"value":135},"2026-02-25",256.64,{"date":34,"value":137},255.58,{"date":139,"value":140},"2026-02-11",253.31,{"date":37,"value":142},252.26,{"date":144,"value":145},"2026-01-28",241.15,{"date":40,"value":145},"/cobalt/prices",{"publishedDate":149,"updateFrequency":6,"updateFrequencyText":7,"label":150,"today":151,"last":152,"percentageChange":153,"yearToDate":154,"yearOnYear":155,"oneYearIndexTrend":156,"url":185,"subscription":49,"isProtected":50,"hasAccess":51},"2026-05-20","Nickel",135.83,133.05,2.09,12.5,30.68,[157,158,160,163,166,168,170,172,174,176,179,182],{"date":149,"value":151},{"date":159,"value":152},"2026-05-06",{"date":161,"value":162},"2026-04-22",125.43,{"date":164,"value":165},"2026-04-08",124.51,{"date":125,"value":167},123.94,{"date":130,"value":169},123.51,{"date":134,"value":171},122.7,{"date":139,"value":173},123.79,{"date":144,"value":175},128.07,{"date":177,"value":178},"2026-01-14",120.74,{"date":180,"value":181},"2025-12-31",104.29,{"date":183,"value":184},"2025-12-17",103.44,"/nickel/prices",{"publishedDate":187,"updateFrequency":188,"updateFrequencyText":188,"label":189,"today":190,"last":191,"percentageChange":192,"yearToDate":193,"yearOnYear":194,"oneYearIndexTrend":195,"url":227,"subscription":49,"isProtected":50,"hasAccess":51},"2026-04-30","monthly","Natural Graphite",82.93,82.39,0.66,1.66,-0.87,[196,197,199,202,205,207,210,212,215,218,221,224],{"date":187,"value":190},{"date":198,"value":191},"2026-03-31",{"date":200,"value":201},"2026-02-27",81.92,{"date":203,"value":204},"2026-01-30",81.69,{"date":180,"value":206},81.58,{"date":208,"value":209},"2025-11-28",81.35,{"date":211,"value":209},"2025-10-31",{"date":213,"value":214},"2025-09-30",81.74,{"date":216,"value":217},"2025-08-29",81.56,{"date":219,"value":220},"2025-07-31",82.47,{"date":222,"value":223},"2025-06-30",83.13,{"date":225,"value":226},"2025-05-30",83.77,"/natural-graphite/prices",{"publishedDate":187,"updateFrequency":188,"updateFrequencyText":188,"label":229,"today":230,"last":231,"percentageChange":232,"yearToDate":233,"yearOnYear":234,"oneYearIndexTrend":235,"url":258,"subscription":49,"isProtected":50,"hasAccess":51},"Anode Coke",84.01,79.79,5.29,12.86,12.75,[236,237,238,240,242,244,246,248,250,252,254,256],{"date":187,"value":230},{"date":198,"value":231},{"date":200,"value":239},75.72,{"date":203,"value":241},74.61,{"date":180,"value":243},74.44,{"date":208,"value":245},76,{"date":211,"value":247},72.75,{"date":213,"value":249},71.92,{"date":216,"value":251},71.46,{"date":219,"value":253},70.35,{"date":222,"value":255},67.35,{"date":225,"value":257},65.78,"/synthetic-graphite/prices",{"publishedDate":260,"updateFrequency":188,"updateFrequencyText":188,"label":261,"today":262,"last":263,"percentageChange":264,"yearToDate":265,"yearOnYear":265,"oneYearIndexTrend":266,"url":295,"subscription":49,"isProtected":50,"hasAccess":51},"2025-11-17","Anode",77.79,77.96,-0.22,-1.93,[267,268,270,272,274,277,280,282,284,287,290,292],{"date":260,"value":262},{"date":269,"value":263},"2025-10-15",{"date":271,"value":263},"2025-09-15",{"date":273,"value":263},"2025-08-15",{"date":275,"value":276},"2025-07-15",77.93,{"date":278,"value":279},"2025-06-16",78.88,{"date":281,"value":279},"2025-05-15",{"date":283,"value":279},"2025-04-15",{"date":285,"value":286},"2025-03-17",79.89,{"date":288,"value":289},"2025-02-17",78.97,{"date":291,"value":289},"2025-01-15",{"date":293,"value":294},"2024-12-16",79.32,"/anode/prices",{"publishedDate":297,"updateFrequency":188,"updateFrequencyText":188,"label":298,"today":299,"last":300,"percentageChange":301,"yearToDate":301,"yearOnYear":302,"oneYearIndexTrend":303,"url":327,"subscription":49,"isProtected":50,"hasAccess":51},"2026-01-15","Cathode",72.79,64.08,13.59,43.38,[304,305,307,309,311,313,315,317,318,320,322,325],{"date":297,"value":299},{"date":306,"value":300},"2025-12-15",{"date":260,"value":308},62.01,{"date":269,"value":310},53.51,{"date":271,"value":312},49.5,{"date":273,"value":314},47.28,{"date":275,"value":316},46.05,{"date":278,"value":316},{"date":281,"value":319},48.08,{"date":283,"value":321},48.92,{"date":323,"value":324},"2025-03-18",52.79,{"date":288,"value":326},50.86,"/cathode/prices",{"publishedDate":329,"updateFrequency":188,"updateFrequencyText":188,"label":330,"today":331,"last":332,"percentageChange":333,"yearToDate":334,"yearOnYear":335,"oneYearIndexTrend":336,"url":370,"subscription":49,"isProtected":50,"hasAccess":51},"2025-03-31","Lithium ion Batteries",74.53,71.3,4.53,-1.6,-20.88,[337,338,340,343,346,349,352,355,358,361,364,367],{"date":329,"value":331},{"date":339,"value":332},"2025-02-28",{"date":341,"value":342},"2025-01-31",71.45,{"date":344,"value":345},"2024-12-31",75.74,{"date":347,"value":348},"2024-11-29",76.98,{"date":350,"value":351},"2024-10-31",77.34,{"date":353,"value":354},"2024-09-30",77.43,{"date":356,"value":357},"2024-08-30",80.56,{"date":359,"value":360},"2024-07-31",82.99,{"date":362,"value":363},"2024-06-28",87.2,{"date":365,"value":366},"2024-05-31",90.7,{"date":368,"value":369},"2024-04-30",93.2,"/battery-gigafactory/prices",{"publishedDate":372,"updateFrequency":6,"updateFrequencyText":7,"label":373,"today":374,"last":375,"percentageChange":376,"yearToDate":377,"yearOnYear":378,"oneYearIndexTrend":379,"url":411,"subscription":49,"isProtected":50,"hasAccess":51},"2026-05-21","Black Mass",54.15,51.47,5.21,25.5,92.33,[380,381,383,386,389,392,395,398,401,404,406,408],{"date":372,"value":374},{"date":382,"value":375},"2026-05-07",{"date":384,"value":385},"2026-04-23",48.63,{"date":387,"value":388},"2026-04-09",48.6,{"date":390,"value":391},"2026-03-26",47.29,{"date":393,"value":394},"2026-03-12",46.18,{"date":396,"value":397},"2026-02-26",45.8,{"date":399,"value":400},"2026-02-12",47.34,{"date":402,"value":403},"2026-01-29",49.57,{"date":297,"value":405},43.15,{"date":180,"value":407},47.05,{"date":409,"value":410},"2025-12-18",41.51,"/recycling/black-mass-prices",{"publishedDate":413,"updateFrequency":188,"updateFrequencyText":188,"label":414,"today":415,"last":416,"percentageChange":417,"yearToDate":418,"yearOnYear":419,"oneYearIndexTrend":420,"url":449,"subscription":49,"isProtected":50,"hasAccess":51},"2026-03-19","Rare Earths",172.27,182.38,-5.54,20.73,54.49,[421,422,424,427,430,432,435,437,440,443,445,447],{"date":413,"value":415},{"date":423,"value":416},"2026-03-05",{"date":425,"value":426},"2026-02-19",179.86,{"date":428,"value":429},"2026-02-05",155.4,{"date":431,"value":429},"2026-01-22",{"date":433,"value":434},"2026-01-08",145.37,{"date":46,"value":436},142.69,{"date":438,"value":439},"2025-12-11",141.67,{"date":441,"value":442},"2025-11-27",136.29,{"date":211,"value":444},132.15,{"date":213,"value":446},139.82,{"date":216,"value":448},145.27,"/rare-earths/prices",{"publishedDate":213,"updateFrequency":188,"updateFrequencyText":188,"label":451,"today":452,"last":453,"percentageChange":454,"yearToDate":455,"yearOnYear":456,"oneYearIndexTrend":457,"url":370,"subscription":49,"isProtected":50,"hasAccess":51},"LFP",111.93,124.92,-10.4,-2.67,-3.42,[458,459,460,462,464,466,469,471,473,475,477,479],{"date":213,"value":452},{"date":216,"value":453},{"date":219,"value":461},109.9,{"date":222,"value":463},100.47,{"date":225,"value":465},103.62,{"date":467,"value":468},"2025-04-30",109.47,{"date":329,"value":470},115.87,{"date":339,"value":472},117.3,{"date":341,"value":474},114.57,{"date":344,"value":476},115,{"date":347,"value":478},117.82,{"date":350,"value":480},111.9,{"publishedDate":213,"updateFrequency":188,"updateFrequencyText":188,"label":482,"today":483,"last":484,"percentageChange":485,"yearToDate":486,"yearOnYear":487,"oneYearIndexTrend":488,"url":370,"subscription":49,"isProtected":50,"hasAccess":51},"NCM High-Nickel",99.44,96.91,2.61,2.37,-3.84,[489,490,491,493,495,497,499,501,503,505,506,508],{"date":213,"value":483},{"date":216,"value":484},{"date":219,"value":492},97.09,{"date":222,"value":494},94.93,{"date":225,"value":496},97.13,{"date":467,"value":498},97.89,{"date":329,"value":500},101.4,{"date":339,"value":502},93.25,{"date":341,"value":504},98.94,{"date":344,"value":496},{"date":347,"value":507},98.69,{"date":350,"value":509},101.87,{"publishedDate":213,"updateFrequency":188,"updateFrequencyText":188,"label":511,"today":512,"last":513,"percentageChange":514,"yearToDate":515,"yearOnYear":516,"oneYearIndexTrend":517,"url":370,"subscription":49,"isProtected":50,"hasAccess":51},"NCM Mid-Nickel",103.5,99.73,3.78,13.78,6.78,[518,519,520,522,524,526,528,530,532,534,536,538],{"date":213,"value":512},{"date":216,"value":513},{"date":219,"value":521},99.19,{"date":222,"value":523},96.02,{"date":225,"value":525},98.23,{"date":467,"value":527},99.24,{"date":329,"value":529},101.29,{"date":339,"value":531},87.61,{"date":341,"value":533},92.44,{"date":344,"value":535},90.96,{"date":347,"value":537},92.24,{"date":350,"value":539},95.09,{"id":541,"uuid":542,"name":543,"slug":544,"full_slug":545,"content":546,"relatedArticles":748,"relatedVideos":749},213268389242378,"611420ac-67d7-456e-9c49-b54a1fa075f1","US automakers dial back North American battery manufacturing investments, ceding control to South Korean partners","us-automakers-dial-back-north-american-battery-manufacturing-investments-ceding-control-to-south-korean-partners","article/us-automakers-dial-back-north-american-battery-manufacturing-investments-ceding-control-to-south-korean-partners",{"_uid":547,"date":548,"tags":549,"editor":565,"content":575,"excerpt":711,"featured":51,"reporter":712,"component":723,"seo_title":724,"categories":725,"visibility":735,"data_vis_image":736,"featured_image":741,"seo_description":745,"side_panel_banner":666,"formattedDate":746,"formattedArticleDate":747},"2eaf520b-aa12-4970-96e8-5742b89625b4","2026-08-26 00:00",[550,553,556,559,562],{"slug":551,"name":552},"ford","Ford",{"slug":554,"name":555},"stellantis","Stellantis",{"slug":557,"name":558},"gm","GM",{"slug":560,"name":561},"data-visualisation","Data Visualisation",{"slug":563,"name":564},"lg-energy-solution","LG Energy Solution",[566],{"slug":567,"name":568,"content":569},"benjamin-roche","Benjamin Roche",{"job_title":570,"image":571,"bio":573,"linkedin":574},"Editor – Energy Transition Supply Chains",{"filename":572},"https://a.storyblok.com/f/287943243085208/800x800/66d6674fb8/benjamin-roche.png","Benjamin is Benchmark's Editor for Energy Transition Supply Chains, covering both upstream products like critical minerals and downstream products including energy storage systems and electric vehicles. He has previous experience covering trade flows, tariffs and the effects of geopolitics on supply chains.","https://www.linkedin.com/in/benjaminrochecontent/",{"type":576,"attrs":577,"content":578},"doc",{"backgroundColor":49},[579,635,656,667,679,687,695,703],{"type":580,"attrs":581,"content":582},"paragraph",{"textAlign":49},[583,591,603,608,617,622,630],{"text":584,"type":585,"marks":586},"In early August, US auto giant General Motors (GM) announced it was relinquishing its 49.9% stake in SynergyCells, ","text",[587],{"type":588,"attrs":589},"textStyle",{"color":590},"#000000",{"text":592,"type":585,"marks":593},"a JV with Samsung SDI",[594,601],{"type":595,"attrs":596},"link",{"href":597,"uuid":598,"anchor":49,"target":599,"linktype":600},"/article/gm-and-samsung-sdi-finalise-battery-jv-signalling-demand-confidence","bdd7a36b-4902-434f-a0c2-742789ca083a","_blank","story",{"type":588,"attrs":602},{"color":590},{"text":604,"type":585,"marks":605},", and as such its stake in the under-construction cell plant in Indiana, US. It is the third battery cell production plant for which GM has ceded its stake back to the South Korean partner, and follows similar moves by ",[606],{"type":588,"attrs":607},{"color":590},{"text":609,"type":585,"marks":610},"Stellantis ",[611,615],{"type":595,"attrs":612},{"href":613,"uuid":614,"anchor":49,"target":599,"linktype":600},"/article/life-in-the-fastlane-stellantis-investor-day-2026","f128bb5d-bb4f-4ac4-9c56-ded8ce39e790",{"type":588,"attrs":616},{"color":590},{"text":618,"type":585,"marks":619},"and ",[620],{"type":588,"attrs":621},{"color":590},{"text":552,"type":585,"marks":623},[624,628],{"type":595,"attrs":625},{"href":626,"uuid":627,"anchor":49,"target":599,"linktype":600},"/article/ford-and-geely-partner-on-european-ev-production","4cba3d53-9c5d-439b-bdd4-0e577cb9ee31",{"type":588,"attrs":629},{"color":590},{"text":631,"type":585,"marks":632}," over the past two years that have given South Korean firms a tighter grip on US cell manufacturing.",[633],{"type":588,"attrs":634},{"color":590},{"type":580,"attrs":636,"content":637},{"textAlign":49},[638,643,651],{"text":639,"type":585,"marks":640},"When GM sold its stake in the third Ultium Cells (JV with ",[641],{"type":588,"attrs":642},{"color":590},{"text":564,"type":585,"marks":644},[645,649],{"type":595,"attrs":646},{"href":647,"uuid":648,"anchor":49,"target":599,"linktype":600},"/videos/us-energy-storage-policy-and-manufacturing-interview-with-lg-energy-solution-s-bob-lee","93f4330c-48e8-4d5e-9bfd-3e9646f4b7f6",{"type":588,"attrs":650},{"color":590},{"text":652,"type":585,"marks":653},") plant in Lansing in December 2024, there were twelve EV cell production facilities in North America led by GM, Ford and Stellantis. Now, just seven remain, with construction stalled at two of those and suspended at another two for eight months of 2026. Plans for future LFP BESS production are, however, underway at all of these sites.",[654],{"type":588,"attrs":655},{"color":590},{"type":657,"attrs":658},"blok",{"id":659,"body":660},"40f16830-85d0-4ea4-9d72-3d766ba0b9a6",[661],{"id":662,"_uid":663,"type":664,"component":665,"fixed_height":666,"use_fixed_height":50,"fixed_height_mobile":666,"fixed_height_tablet":666},"30068934","i-de401262-0d29-452b-9739-859f6bdf47e7","visualisation","ContentFlourish","",{"type":668,"attrs":669,"content":671},"heading",{"level":670,"textAlign":49},2,[672],{"text":673,"type":585,"marks":674},"South Korean ownership of US capacity growing",[675,677],{"type":588,"attrs":676},{"color":590},{"type":678},"bold",{"type":580,"attrs":680,"content":681},{"textAlign":49},[682],{"text":683,"type":585,"marks":684},"A combined US$38.4bn was announced in investments for these projects.",[685],{"type":588,"attrs":686},{"color":590},{"type":580,"attrs":688,"content":689},{"textAlign":49},[690],{"text":691,"type":585,"marks":692},"“Whilst not all would have been deployed, the acquisition of control for the South Korean battery majors – in some cases, at minimal cost – is something of a coup,” said Benchmark battery research manager Evan Hartley. “LGES is now expected to wholly own almost two-thirds of its anticipated 328GWh of North American cell capacity by 2030.”",[693],{"type":588,"attrs":694},{"color":590},{"type":580,"attrs":696,"content":697},{"textAlign":49},[698],{"text":699,"type":585,"marks":700},"The moves from Stellantis, Ford, and GM come off the back of significant EV cell overcapacity in North America. This was a result of both the post-Inflation Reduction Act (IRA) development boom, as well as cuts to expected EV demand growth after the end of the Biden administration and the removal of the EV tax credit in September 2025. On the EV side, GM, Ford and Stellantis back towards internal combustion engine (ICE) cars due to better margins, while there was reduced incentive to sell EVs with relatively low Corporate Average Fuel Economy (CAFE) fines. The ‘big three’ firms are now using their remaining cell facilities to develop BESS LFP production to take advantage of growing demand, and regain profits on alternative markets.",[701],{"type":588,"attrs":702},{"color":590},{"type":580,"attrs":704,"content":705},{"textAlign":49},[706],{"text":707,"type":585,"marks":708},"With Ford reportedly looking to sell one of the two Glendale plants it currently owns, and Stellantis and Samsung’s second JV plant in Kokomo, Indiana, stalled, there may yet be more cancelled projects from the auto giants.",[709],{"type":588,"attrs":710},{"color":590},"In early August, US auto giant General Motors (GM) announced it was relinquishing its 49.9% stake in SynergyCells, a JV with Samsung SDI, and as such its stake in the under-construction cell plant in Indiana, US. It is the third battery cell production plant for which GM has ceded its stake back to the South Korean partner, and follows similar moves by Stellantis and Ford over the past two years that have given South Korean firms a tighter grip on US cell manufacturing.",[713],{"slug":714,"name":715,"content":716},"evan-hartley","Evan Hartley",{"job_title":717,"image":718,"bio":720,"linkedin":721,"markets_covered":722},"Research Manager",{"filename":719},"https://a.storyblok.com/f/287943243085208/800x800/670548875a/evan-h.jpeg","Evan is a Research Manager at Benchmark Mineral Intelligence, focusing on supply, demand, and cost analysis for global battery cell manufacturing, with previous experiences within the cathode and precusor cathode markets. He has over three years of experience in the sector, and holds a BSc. in Physical Geography from Durham University.","https://www.linkedin.com/in/evan-hartley/","Battery","article","US automakers cut North American battery manufacturing footprint",[726,729,732],{"slug":727,"name":728},"batteries","Batteries",{"slug":730,"name":731},"ess","ESS",{"slug":733,"name":734},"ev","EV","private",{"id":737,"alt":666,"name":666,"focus":666,"title":666,"source":666,"filename":738,"copyright":666,"fieldtype":739,"meta_data":740,"is_external_url":50},213275374344302,"https://a.storyblok.com/f/287943243085208/1588x950/f53708d3ab/updated-while-bess-pipeline-has-grown-overall-na-pipeline-capacity-for-the-big-three-car-firms-is-down-from-2024-2x-1.png","asset",{},{"id":742,"alt":666,"name":666,"focus":666,"title":666,"source":666,"filename":743,"copyright":666,"fieldtype":739,"meta_data":744,"is_external_url":50},129067961146377,"https://a.storyblok.com/f/287943243085208/c6bcd378d3/bm-gm-and-samsung-finalise-jv.jpg",{},"In early August, US auto giant General Motors (GM) announced it was relinquishing its 49.9% stake in SynergyCells, a JV with Samsung SDI, and as such its stake in the under-construction cell plant in Indiana, US.","Aug 26, 2026","26th August 2026",[],[],1787762031524]