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General Motors Abandons LFP Battery Plans, Pivots to In-House LMR Technology

GateNews
Stocks
According to Reuters and General Motors battery chief Kurt Kelty, the automaker is shifting away from lithium iron phosphate (LFP) batteries and focusing on lithium manganese rich (LMR) technology for future electric vehicles. While GM previously announced plans to produce LFP batteries at a Tennessee factory by end-2027, Kelty recently disclosed the strategy has changed: the facility will begin producing LFP cells this month, but primarily for energy storage systems rather than vehicles. "LFP may ultimately not make it into our product portfolio," Kelty said, describing LMR as GM's "core technology" going forward. The company targets commercialization of LMR batteries by 2028, claiming the technology offers comparable manufacturing costs to LFP while delivering higher energy density and longer driving range.
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