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GM says its close to the $100/kWh mark, but buries the story with a lame Tesla range competition.

GM says its close to the $100/kWh mark, but buries the story with a lame Tesla range competition.

The short version:

  • General Motors has announced it has created a new battery for its electric vehicles, named Ultium, with a range of 400 miles.

  • GM also says it will be cheaper to produce than today’s batteries. 

  • The company plans to use the battery across its electric lineup, which the company also teased.

  • The battery technology will be available to license to other companies.

  • GM’s cells are soft, flat pouches, as opposed to the hard cylinders typically used. This will give designers more options when creating the battery packs.

  • The batteries also use a lower amount of cobalt, which will help bring the price down.

  • In her presentation, Mary Barra, GM’s CEO, said, “We want to put everyone in an EV, and we have what it takes to do it,”

So here’s the deal…remember when Porsche said the Taycan’s range was going to be way better than Tesla’s, then it came in at 201? Yeah, me too. It’s hard to get excited about stats when any real-world testing is so far away.

Now I don’t think we should completely dismiss GM’s announcement as marketing smoke. New battery tech is a foregone conclusion and it would be unrealistic to assume Tesla is the only company that will have breakthroughs. Here’s my prediction: at some point battery range will be long enough and charging times will be short enough that nobody will worry about it. Do you currently know the range of your ICE vehicle? Probably not, because filling up takes you 5 minutes. Once we get there it’s all about dollars per kWh. GM says these new packs will be below the $100/kWh mark. If that’s true…then we have a game-changer.

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Posted by Jobindi

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