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GM’s Ultium battery gets the ultimatum
Ultium EV batteries didn’t achieve that household name...
GM will discontinue the Ultium battery brand name as it looks to expand the types of cells and chemistries it uses in its electric vehicles. He said that GM is set to “meet production demand into 2025,” and that battery manufacturing problems faced at the end of 2023 “are behind us.” GM reduced its battery costs to $60 per kilowatt hour on average from 2023 to 2024, and is expecting another $30 reduction in 2025 with LFP, Kelty said.
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