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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.