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GM, LG to Produce Low-Cost EV Batteries with LMR Chemistry
POWER & RENEWABLE ENERGY

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

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

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

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