GM bets $900M on LMR batteries and new development center to slash EV costs
By
Kirsten Korosec
Master baker tier. Every paragraph earns its place on the tray.
Summary
TechCrunch Mobility reports on General Motors' strategy to reduce EV battery costs through investment in LMR (lithium-manganese-rich) battery technology and a new Battery Cell Development Center at its Warren Technical Center. Senior reporter Tim De Chant examines GM's $900 million gamble on next-generation battery tech, which serves as a bridge between R&D and mass production, aiming to make EVs more affordable and competitive.
Key quotes
· 2 pulledSenior reporter (and resident battery expert) Tim De Chant traveled to General Motors' sprawling Warren Technical Center outside Detroit to learn more about the automaker's plans to reduce the cost of its next slate of EVs.
GM is banking on LMR batteries and a new Battery Cell Development Center that is viewed as the bridge between its R&D efforts and full-scale production.
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