TechCrunch Mobility: Inside GM’s $900M EV Battery Gambit
Discover how General Motors is investing in a new battery technology to slash costs and boost range in electric vehicles. Join us for exclusive insights from the Warren Technical Center.
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Welcome back to TechCrunch Mobility — your go-to source for news and insights on the future of transportation. This week, we delve into General Motors' ambitious plan to cut costs and increase battery efficiency in their upcoming EVs. Senior reporter Tim De Chant shares firsthand details from GM’s Warren Technical Center, where he learned about a new $900 million initiative focused on reducing costs while maintaining range.
GM is banking on a novel battery chemistry called LMR (Lithium Metal-Rich) to achieve this. This technology promises to preserve driving range while significantly lowering the cost of production. According to GM’s VP of battery and sustainability, Kurt Kelty, the Chevrolet Silverado EV could see a $6,000 price drop thanks to these advancements.
As always, AI plays an integral role in the development process at GM. The company is using both external and internal AI models to speed up vehicle development cycles. Stay tuned for more details on this exciting evolution within GM’s operations!
