From Nasdaq: 2025-05-17 13:25:00

Full-size trucks have been a cash cow for Detroit automakers, with massive profits compared to sedans. But can trucks go electric? General Motors (NYSE: GM) recently made a breakthrough in battery chemistry that could reduce costs significantly. GM developed a new lithium manganese-rich (LMR) battery with LG Energy Solution, promising over 400 miles of range on a single charge for electric trucks. This innovation signals a shift towards tailored battery solutions for EVs, potentially boosting profitability and making electric trucks more accessible to consumers, a game-changer for investors in the industry.

Investing $1,000 right now? General Motors’ new LMR battery technology is poised to revolutionize the electric truck market, offering enhanced performance and cost efficiency. GM’s strategic partnership with LG Energy Solution demonstrates a proactive approach to adapting to the evolving EV landscape, with the LMR battery expected to hit the market in 2028. This development underscores GM’s commitment to innovation and sustainability, positioning the company for long-term growth and success in the competitive automotive sector.

General Motors’ groundbreaking battery chemistry breakthrough with LG Energy Solution marks a pivotal moment in the transition to electric vehicles. The development of the lithium manganese-rich (LMR) battery represents a significant step towards enhancing the performance and affordability of EVs, particularly in the full-size truck segment. This innovation reflects GM’s dedication to advancing sustainable mobility solutions and underscores the company’s position as a leader in the electrification of the automotive industry. Investors should take note of GM’s strategic initiatives and technological advancements, which are poised to drive future growth and profitability in the EV market.



Read more at Nasdaq: Great News for General Motors Investors