General Motors has introduced a new battery chemistry called lithium-manganese-rich (LMR) that aims to reduce costs while providing driving range close to the most advanced batteries.
The LMR technology reduces the need for nickel and cobalt, critical minerals that are often not easily available domestically in the United States, while maintaining a competitive driving range over 400 miles in trucks.
The new cells are expected to be cheaper due to the lower cost of manganese compared to cobalt or nickel. The LMR chemistry contains 0-2% cobalt, 30-40% nickel, and 60-70% manganese, making it more cost-effective.
General Motors plans to manufacture the LMR battery packs using prismatic cells, which will result in significant cost savings and could potentially be implemented across their EV lineup.