- The battery cells used in Ultium have a lower percentage cobalt
- In December last year, General Motors entered into a joint venture worth $2.3 billion with South Korea’s LG Chem to produce lithium-ion battery cells
General Motors has created a new electric vehicle battery, Ultium that can offer a range of up to 400 miles or more. The company said that it will also be cheaper than other batteries available in the market.
Mary Barra, General Motors chairman, and CEO said that the company had accepted the challenge to transform product development at GM and position it for all-electric future. The company claimed that the Ultium energy options range from 50 to 200 kWh. It can also provide a range of up to 400 miles or more on a full charge with zero to 60 mph acceleration at three seconds.
Lower percentage cobalt
As per reports, the battery cells used in Ultium have lower percentage cobalt. The Ultium batteries are made up of nickel, magnesium, cobalt, and aluminum. In general, the majority of batteries available in the market are made up of nickel, cobalt, and magnesium (NCM).
In December last year, General Motors had entered into a joint venture worth $2.3 billion with South Korea’s LG Chem to produce lithium-ion battery cells in Ohio. The plant will be located in Lordstown. The facility will supply batteries for upcoming GM battery-electric vehicles which include a pickup truck that will go into production in 2021.
