By Katherine Hamilton
General Motors plans to use a new type of battery in its electric vehicles which it says will be more affordable to produce.
The automaker is working with the battery manufacturer LG Energy Solution to commercialize lithium manganese-rich prismatic battery cells to use in future electric trucks and full-size SUVs, the companies said Tuesday.
The new battery cells use a higher proportion of manganese, which is more affordable than other battery materials. They are also expected to provide greater capacity and energy density, with the companies' newest LMR prismatic battery cell offering 33% higher energy density compared with the best-performing lithium iron phosphate battery, GM and LG said.
A joint venture between the two companies, known as Ultium Cells, plans to start commercial production of the cells in the U.S. by 2028. Pre-production is set to begin at an LG facility by late 2027. GM plans to conduct final production-design at a new development center in Warren, Mich., which is expected to open in early 2027.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
May 13, 2025 10:48 ET (14:48 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。