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GM boosting EV product spending to $27B through 2025; 1st use of Li-metal anode in GM battery

General Motors Co. Chairman and CEO Mary Barra said that the company will offer 30 all-electric models globally by mid-decade; 40% of the company’s US entries will be battery electric vehicles by the end of 2025. Barra also announced an increase in GM’s financial commitment to EVs and AVs (autonomous vehicles) to $27 billion through 2025—up from the $20 billion planned before the onset of the COVID-19 pandemic.

Gm5

Climate change is real, and we want to be part of the solution by putting everyone in an electric vehicle. We are transitioning to an all-electric portfolio from a position of strength and we’re focused on growth. We can accelerate our EV plans because we are rapidly building a competitive advantage in batteries, software, vehicle integration, manufacturing and customer experience.

—Mary Barra

At the virtual Barclays Global Automotive Conference, Barra and Doug Parks, GM executive vice president of Global Product Development, Purchasing and Supply Chain, shared key elements of GM’s plan, including:

  • By 2025, GM will launch 30 EVs around the world, and more than two-thirds will be available in North America. Cadillac, GMC, Chevrolet and Buick will all be represented, with EVs at all price points for work, adventure, performance and family use.

    Gm4
  • Engineering advances have increased the previously stated GM-estimated maximum range of Ultium-based vehicles from 400 miles to up to 450 miles on a full charge.

  • GM’s Ultium platform provides the building blocks for everything, from mass market to high performance vehicles—all from a single, common cell in most markets and a set of interchangeable propulsion components.

  • More than half of GM’s capital spending and product development team will be devoted to electric and electric-autonomous vehicle programs.

  • GM’s second-generation Ultium chemistry is projected to deliver twice the energy density at less than half the cost of today’s chemistry. GM is already prototype-testing this next-generation technology, which is expected to be available mid-decade.

  • Ultium technology, supported by hundreds of granted patents and pending patent applications, is expected to bring EVs closer to price parity with gas-powered vehicles.

  • Both the GMC HUMMER EV and Cadillac LYRIQ programs were accelerated, along with other vehicles to be revealed at a later date.

  • GM is hiring 3,000 electrical system, infotainment software and controls engineers, plus developers for Java, Android, iOS and other platforms.

  • GM continues to explore third-party licensing for its Ultium EV architecture, batteries and propulsion systems, along with its Hydrotec fuel cell technology developed with Honda.

Ultium already represents an achievement in electrification, with battery pack costs nearly 40% lower than those in the Chevrolet Bolt EV. Despite the pandemic, GM’s work on EVs accelerated during 2020.

Just eight months after the technology was first revealed, GM is projecting that second-generation Ultium packs, expected mid-decade, will cost 60% less than the batteries in use today with twice the energy density expected.

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These second-generation cells will get closer to cost parity with gas-powered engines due to:

  • Cell design that enables higher energy density and uses less non-active material, making more room for the part of the battery that produces energy.

  • Manufacturing efficiencies through GM’s Ultium Cells LLC joint venture with LG Chem.

  • Better integration between vehicles and their battery packs, enabling fewer cells and modules.

  • Less expensive cathodes, reduced active material, novel electrolytes and the first use of lithium metal anodes in a GM battery.

GM has completed hundreds of test cycles on the multi-layer prototypes of this next-generation Ultium cell chemistry. Production cells are expected by mid-decade.

The Ultium platform is flexible enough to accept new chemistry and even cell types, without redesigns to its architecture. Ultium batteries will be easy to service at the module level, which makes repair costs less expensive than having to replace the whole pack.

GM is doing most of the development work on these cells internally at its Chemical and Materials Systems Lab, located at the Global Technical Center in Warren, Michigan. This facility features a fabrication line with polymer mixing, slurries, a coating machine and a cell assembly room.

Next year, GM will break ground on an all-new Battery Innovation Lab and Manufacturing Technology Center to develop the next-generation Ultium battery chemistry.

GM speeds its EV rollout and pace of innovation. The modular and highly flexible qualities of the Ultium system, along with engineering advances in battery technology, the use of virtual development tools and lessons learned during the HUMMER EV development process, have enabled GM to bring EVs to market much faster than originally planned.

The 2022 GMC HUMMER EV’s development time of 26 months—down from about 50 months—is now the benchmark.

Gm1

The development schedules for 12 vehicle programs have been moved up, including:

  • GMC HUMMER EV

  • Three other GMC Ultium variants, including an EV pickup

  • Four Chevrolet EVs, including a pickup and compact crossover

  • Four Cadillacs

  • In addition, Buick’s EV lineup will include two Ultium-based EVs.

After the GMC HUMMER EV, the next EV to launch will be the LYRIQ, Cadillac’s first all-electric vehicle, which will arrive in the first quarter of 2022, nine months ahead of schedule.

Comments

Lad

All sounds good except the timeline isn't...looking ahead to the middle decade is a long time in today's car business...Tesla and VW will have run away with the goods by then.
I think all the U.S. makers will lose a large part of the market because they cannot move fast enough

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