GM is advancing its battery technology by introducing LMR (Lithium Manganese Rich) cells, which significantly lower the cost of high-performance electric vehicles. The new LMR chemistry uses mainly manganese and a minimal amount of cobalt, aiming for affordability and greater energy density. This innovation is pivotal for enhancing GM's competitiveness against international battery makers, particularly in North America. By diversifying battery chemistries across different vehicle typesâhigh-performance NMCA for premium models, LMR for long-range and cost effectiveness, and LFP for budget-friendly optionsâGM aims to increase market penetration of its electric SUVs and trucks.
If LMR chemistry actually produces a cell that costs as little to make as LFP with greater energy density, that could be a game changer-including for North American competitiveness against China in battery development.
LMR will complement our high-nickel and iron-phosphate solutions to expand customer choice in the truck and full-size SUV markets, advancing American battery innovation and creating jobs into the future.
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