GM invests $900M in LMR battery technology for cheaper EVs
Original: TechCrunch Mobility: Inside GM’s $900M EV battery gamble
Why This Matters
Major automaker's battery investment could significantly reduce EV costs and accelerate adoption
General Motors announces $900 million initiative for LMR battery chemistry at new Battery Cell Development Center. VP Kurt Kelty says technology could reduce Chevrolet Silverado EV cost by $6,000 while maintaining range.
GM is betting on lithium-manganese-rich (LMR) battery chemistry through a $900 million investment at its Warren Technical Center. VP of battery and sustainability Kurt Kelty detailed how the new chemistry will preserve vehicle range while significantly cutting costs. The Chevrolet Silverado EV could see price reductions of $6,000 with this technology. GM's new Battery Cell Development Center serves as a bridge between R&D efforts and full-scale production. The automaker is also leveraging AI across its operations to accelerate vehicle development cycles, using both external AI models and in-house developed solutions.