GM's LMR Battery Bet: Can American Chemistry Crack the Global EV Cost Barrier?
General Motors has disclosed a 2028 timeline for its Lithium Manganese Rich battery technology, promising cost reductions of several thousand dollars per pack — a development that could shift the competitive dynamics of the global electric vehicle market. Against a backdrop of record 2025 earnings and a $21.7 billion cash position, GM is wagering that proprietary chemistry, not just manufacturing scale, can challenge Asian battery dominance and close the profitability gap with combustion vehicle
ViaNews Editorial Team•