United States
GM's partnership with LG Energy Solutions, a unit of South Korea's LG Chem 051910.KS, to develop its Ultium batteries. A key element to making EVs more attractive to consumers is driving down their cost and a big part of that is the batteries. GM has said it wants to have at least 60% lower battery costs in the next generation of Ultrium and officials said future products will allow electric driving ranges of 600 miles (965 km) on a single charge.
Innovation theme: Ultium battery chemistry, Battery energy efficiency improvement, More stable battery chemistries, Li-ion battery cost reduction
Sustainable transport
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