AI Summary

In March 2025 General Motors announced plans for next‑generation lithium‑manganese‑rich (LMR) EV batteries, aiming to revive the electric‑vehicle market despite a sharp decline in U.S. sales after Congress eliminated the $7,500 federal tax credit. The company, which had reduced its EV lineup the previous year, continued developing the LMR technology through its Ultium Cells joint venture with LG Energy Solution. GM’s strategy suggests it expects the electrification trend to recover, keeping the new battery chemistry in the pipeline while the broader market struggles.

AI summaries can be wrong sometimes—always verify important details using the source article.