GM, LG to Produce Low-Cost EV Batteries with LMR Chemistry

20 May 2025 CW Team

General Motors (GM) and LG Energy Solution will begin commercial production of lithium manganese-rich (LMR) battery cells in the United States from 2028. These lower-cost cells are designed to enhance electric vehicle (EV) affordability while delivering over four hundred miles of range on a single charge.

The new prismatic LMR cells will be produced at Ultium Cells joint-venture plants in Ohio and Tennessee. GM says the design reduces battery pack parts by over fifty per cent, contributing to its goal of achieving cost parity between EVs and internal combustion engine vehicles.

With twelve EV models already in its portfolio, GM is focusing on flexible battery chemistries to balance performance, cost and range. The company targets a battery pack cost reduction of USD thirty per kilowatt-hour by 2025.

According to the International Energy Agency, global EV sales are expected to reach over twenty million units this year, representing twenty-five per cent of all car sales. The rise is driven by a thirty-five per cent increase in first-quarter sales worldwide.

Emerging alternatives like sodium-ion technology are also gaining traction for their affordability and abundant raw materials.

Source:Outlook Planet

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..