Episode

GM’s $900M Battery Push for Cheaper EVs

Podcast
Tech News Today | 2 Min News | The Daily News Now!
Published
Jun 5, 2026
Duration seconds
141
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Summary

GM just poured nearly $900 million into a massive 500,000-square-foot Battery Cell Development Center to slash EV battery costs by 10%—and get them to market a year early. After a rocky EV rollout that cost $1.6 billion and led to layoffs, GM is betting big on a new lithium-manganese-rich (LMR) battery chemistry to make EVs affordable rivals to gas cars. Former Tesla battery engineer Kurt Kelty leads the charge, shifting focus from pricey NMC batteries to LMR for mainstream models. With AI simulations, digital twins, and 150 million CPU hours of testing, GM aims to roll out LMR batteries later this year—putting them on track to dominate the global EV race despite stiff competition. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/136c36e5bf879fe2