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GM to challenge China’s LFP monopoly with upgraded battery factory

  • GM is partnering with LG Energy Solution to upgrade its Ultium battery factory in Tennessee to produce lithium-iron-phosphate cells for low-cost EVs.
  • The move challenges China's LFP monopoly as most LFP cells are currently made in China despite being invented and commercialized in the U.S.
  • GM is diversifying its battery sourcing strategy: using NMC for long-range models, developing a new LMR chemistry, and switching to LFP for entry-level vehicles.
  • The upgraded battery factory is expected to start commercial production of LFP cells by late 2027, providing a cost-effective and safe option for GM's EV range.

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