Key facts
- GM is investing $900 million in a new Battery Cell Development Centre.
- The centre is located at GM's Warren Tech Center near Detroit.
- The facility spans 500,000 square feet.
- The investment focuses on developing a new class of cheaper EV batteries.
- GM aims to bring these batteries to market by 2028.
General Motors has made a significant investment of $900 million in its new Battery Cell Development Centre, located within its Warren Tech Center outside Detroit. This 500,000-square-foot facility is central to GM's strategy to introduce a new generation of more affordable electric vehicle batteries. The company aims to have this new battery chemistry commercialized and available on the market by 2028, potentially slashing EV prices. The battery chemistry being developed has not yet been commercialized by any company.