General Motors is hard at work developing a range of new all-electric vehicles, including standouts like the GMC Hummer EV pickup, the as-of-yet unnamed Cadillac crossover EV, and the Cruise Origin fully autonomous taxi. In order to successfully compete in the EV segment, the automaker is working on a new GM battery pack, and the technology that goes into it could become a business all by itself.
Speaking at the recent GM Capital Markets Day event, GM President Mark Reuss spoke on the matter:
“We are working hard on our own and with our partners to develop lower-cost, better-performing chemistry, and we’re making great progress,” Reuss said. “We’re developing our own intellectual property in many areas of electrification, which will greatly benefit this company in the future. There’s a lot of vertical integration, and this is a very well thought-out strategy. For instance, our battery chemistry development itself could be a new revenue stream for us down the road, and that’s just one example.”
The last sentence in Reuss’ statement is particularly important here, as it indicates that GM could eventually “consult” other businesses, including those outside the automotive sphere, with regard to the technology that goes into the upcoming GM battery pack tech.
Indeed, GM’s expertise in the subject is backed by engineering prowess, talent, and patents, and the tech could potentially see integration with smartphones, tablets, and laptops, as just a few examples.
Of course, the GM battery pack is just one part of the puzzle. The General’s EV efforts also include a new EV-focused platform dubbed BEV3, which, as we covered previously, will provide the underpinnings for a long list of vehicles, from crossovers, to cars, to even a Light Commercial Vehicle (LCV). The platform is noteworthy for its flexibility and scalability.
Furthermore, the next-gen GM battery pack itself is also noteworthy in a number of ways. Like the BEV3 platform, the pack is highly flexible and modular. What’s more, it provides greater energy density than the previous generation battery.