Detroit carmaker GM to open battery cell R&D centre by mid-2022 to trim EV costs

• Financial

General Motor Co., the United States’ largest conventional automaker headquartered in the suburbs of Detroit, had issued a statement on Tuesday saying that the carmaker, which is expected to invest a gargantuan $35 billion over next three years in an e-vehicle push, would launch a battery cell development centre in the Southeast of Michigan aimed at lassoing down costs of e-vehicles while spanning driving ranges of new e-vehicle models having had lithium ion alongside solid-state batteries.

Speaking with the reporters in a conference call following the announcement, General Motors’ Vice President of electric and self-driving vehicles, Ken Morris, said, “The key to making these vehicles affordable is going to be the cell cost in the battery packs.

GM will spend hundreds of millions of dollars on the new center. ”

GM to open battery development centre in Michigan by mid-2022

Apart from that, latest GM move to set off a battery development centre in Southeast Michigan by mid-2022 came forth as part of a GM’s partnership with S.

Korea’s LG Energy Solutions, a subsidiary of LG Chem, as the companies had already rolled out two JV battery plants and GM said earlier this year that it had been looking to roll out two more in a near-term. General Motor also added in a statement that its new battery development centre would be spanned across an area of roughly 300,000 square feet, while GM’s new campus would work in collaboration with its existing material and battery systems R&D labs in Warren and SES, a Massachusetts-based company with which GM had teamed up back in March this year.

General Motors had been working out a plan to launch its new Michigan battery development campus as early as by mid-2022, as the American multinational automaker has been looking to eliminate emissions from all of its light vehicles in less than a decade and a half.