GM and LG Team Up on Cheaper, Safer EV Batteries

General Motors is partnering with LG to develop lithium manganese-rich (LMR) batteries for its electric trucks and SUVs. These batteries promise to be safer, more energy-dense, and less expensive than current technology. GM aims to be the first automaker to deploy LMR batteries commercially in the US by 2028, beating Ford's 2030 target. The LMR approach uses more manganese, reducing reliance on expensive cobalt and potentially lowering EV costs significantly. While challenges like capacity fade exist, GM is confident it has mitigated these risks, projecting a 400-mile range for vehicles using this technology. This move is crucial in reducing EV costs and accelerating adoption.