General Motors is working towards becoming an electric vehicle leader in the next few years, and to that end, the automaker is developing a host of new technologies and products. That includes a new GM EV battery that’ll last a million miles, which, according to a top executive, is now “almost there.”
The news was announced earlier today by GM Executive Vice President Doug Parks during a call held with investors and members of the media. Parks did not provide a specific release date for the new GM EV battery.
To note, current electric vehicle batteries typically last between 100,00 and 200,000 miles before encountering significant performance degradation, although this can vary with use case and environment.
In addition to the million-mile GM EV battery, Parks also said that “multiple teams” at General Motors are currently developing other electric vehicle technologies, including ultra-fast charging technology, zero-cobalt electrodes, and solid state electrolytes. Rival automakers are also racing to develop similar long-life battery technology, as well as new charging systems.
Back in March, GM unveiled its latest Ultium battery line during the GM EV Day event. The Ultium GM EV battery can be stacked either horizontally or vertically, allowing for greater packaging flexibility, and range in size from 50 kW to 200 kW, the latter of which is expected to enable range-per-charge of roughly 400 miles, depending on the application.
Earlier this year, GM CEO Mary Barra underscored GM’s intentions to sell 1 million electric vehicles annually in the U.S. and China by 2025. To hit numbers like that, GM has entered into a $2.3 billion battery production joint venture with LG Chem, which will be called Ultium Cells LLC, as announced during the recent call. The joint venture is working towards lowering battery production costs.
GM’s currently offers just one all-electric vehicle, namely the Chevrolet Bolt EV. However, the company is expected to soon reveal several other EV products, including the Cadillac Lyriq crossover, as well as the GMC Hummer pickup truck.