Story perspectives
GM and LG to Launch Advanced EV Batteries by 2028
5/13/2025
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Story summary
- General Motors (GM) is collaborating with LG to create lithium manganese-rich (LMR) batteries for electric vehicles (EVs), targeting US production by 2028.
- LMR batteries promise enhanced safety, energy density, and cost-effectiveness, potentially delivering up to 400 miles of range.
- Ultium Cells, GM's joint venture, will initiate preproduction in late 2027.
- This transition aims to lower EV costs, which currently account for 30-40% of vehicle prices.
- GM acknowledges challenges like capacity loss and thermal stability but remains optimistic about solutions.
