GM’s electric future depends on a new battery — and this facility
GM wants to slash EV prices by deploying new battery tech up to a year earlier than planned. This building is key to making that happen.
AI Summary
General Motors' new Battery Cell Development Center, part of a $900 million investment, is central to its plan to slash EV costs by nearly 10% using a new battery chemistry called LMR. The company aims to bring lower-cost batteries to market up to a year earlier than planned, despite recent pullbacks in the EV market.