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General Motors Is Going All-In On Affordable LFP Batteries

  • General Motors and LG Energy Solution are partnering to manufacture low-cost lithium-iron phosphate (LFP) batteries in the U.S.
  • The Spring Hill, Tennessee plant will be converted to produce LFP batteries for the next-generation Chevy Bolt EV and one trim of the Silverado EV.
  • LFP batteries are a more affordable alternative to nickel-manganese-cobalt cells, offering safety, durability, and competitiveness in range.
  • The battery assembly line conversion will start by the end of 2022, targeting significant cost savings and production beginning by the end of 2027.

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