Thursday, 23 April 2026European Markets
Search

Automotive Technology

1 article

GM's 2028 Battery Tech Aims for 'Several Thousand Dollars' Cost Cut as European Rivals Face Margin Pressure

GM's 2028 Battery Tech Aims for 'Several Thousand Dollars' Cost Cut as European Rivals Face Margin Pressure

General Motors plans to launch LMR battery chemistry in 2028 with cost reductions of several thousand dollars per cell and pack, the company disclosed in its Q4 2025 earnings call. The move comes as GM reports profitability across all EV price points in China, where it sold 1 million NEVs in 2025. European automakers face intensifying competition from cost-focused battery strategies amid tightening emissions regulations.

ViaNews Editorial Team (Europe)