Innovation Segment : Electric Vehicles

Innovation Insights

Ultium battery development center - GM - South Korea

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.

More details

Innovation theme:  Ultium battery chemistry, Battery energy efficiency improvement, More stable battery chemistries, Li-ion battery cost reduction

Relevant for

  • Electrical engineer
  • Electronics engineer
  • Power electronics engineer
  • Chemical engineer
  • Material sciences professional

Innovation sector

  • Energy efficiency
  • Energy storage
  • Logistics & transportation

Domain

Sustainable transport

Type of innovation

Core sciences & engineering

Stakeholders

University researcher

Corporate researcher

Solution provider

Industry

Transportation & logistics