General Motors plans to mass-produce innovative EV batteries utilizing lithium manganese rich (LMR) technology, aiming for 33% higher density than current lithium iron phosphate batteries. This could drastically cut production costs, as batteries typically represent over half of EV expenses. Despite potential advantages like reduced weight and increased efficiency, the technologyâs historical lifespan issues raise questions about its reliability. With the goal of offering over 400 miles of range in new electric trucks by 2028, GM hopes to gain territory against global competitors, especially in the face of cost barriers hindering broader EV adoption in the US.
"General Motors recently announced its intention to mass-produce what it calls a 'groundbreaking' EV battery that's 33 percent more dense than the top-end of lithium iron phosphate batteries, currently the world-standard."
"With the new batteries, the automotive company said it 'aims to offer more than 400 miles of range in an electric truck' while decreasing the battery's weight and size by 2028."
"However, it's still far too early to tell if GM's claims will turn out to be accurate. For one, while the tech has been around for decades, they have offered a far shorter lifespan than alternatives."
"Cost is currently said to be the main factor limiting EV adoption in the United States - only three percent of EVs sold in the US are priced at less than $37,000."
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