General Motors is collaborating with SolidEnergy Systems (SES), a spin out of the Massachusetts Institute of Technology (MIT) to develop electric vehicle batteries at a lower cost.
The collaboration will aim at reducing costs in making EV batteries by 60pc. The carmaker had previously announced this goal while introducing its EV batteries platform Ultium.
The US-headquartered carmaker said in a press statement on Mar 11 that the partnership will focus on reducing the battery’s size by creating new chemistry in its contents that would also increase an EV’s range. The initiative also includes setting up a production line in Woburn, Massachusetts to produce a high-capacity battery prototypes within two years before ramping up production to commercial levels.
GM noted that its first prototype battery developed under this partnership had successfully completed 150,000 simulated test miles at the company’s research and development lab.