TechCrunch Mobility: Inside GM's $900M EV battery gamble | TechCrunch

Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Senior reporter (and resident battery expert) Tim De Chant traveled to General Motors’ sprawling Warren Technical Center outside Detroit to learn more about the automaker’s plans to reduce the cost of its next slate of EVs. The upshot: GM is banking on LMR batteries and a new Battery Cell Development Center that is viewed as the bridge between its R&D efforts and full-scale production. Kurt Kelty, GM’s VP of battery and sustainability, provided fresh details about the company’s $900 million initiative and how this new chemistry will preserve range while slashing costs. For instance, the Chevrolet Silverado EV could be $6,000 cheaper. Read the story here. As with most companies these days, AI also makes a cameo appearance. Although I should note that AI plays more than just a supporting role