<ul><li>GM and LG Energy Solution have introduced a new type of battery cell, LMR, which aims to offer long range and low cost for EVs.</li><li>The LMR cells are expected to have up to 30% more energy density than current cells and could reduce China's dominance in the low-cost EV battery market.</li><li>GM plans to use LMR cells in future electric trucks and SUVs, alongside other battery chemistries like NMCA and LFP for different types of EVs.</li><li>The use of LMR cells in prismatic form is expected to reduce total system costs in large EVs by 50%, with GM aiming to start production in the US in 2028.</li></ul>

GM says its new LMR batteries will “change the outlook for the EV market”

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