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GM and its partner LG Energy Solution plan to launch production of the technology, called lithium manganese-rich batteries, in the U.S. by 2028.
The Detroit automaker says it will begin commercial production of lithium manganese-rich cells at an Ultium plant in Ohio or Tennessee.
General Motors and its joint venture partner LG Energy Solution have been developing a new battery technology, designed to reduce costs
General Motors Co. has hired Christina Montgomery, a 30-year legal veteran at International Business Machines Corp., as its new chief privacy and trust officer.
The early repayment came on the same day GM announced its goal to become the first automaker to use a new, cheaper battery chemistry for electric vehicles.
The automaker's new VP of global product has previously worked on Tesla's Autopilot and co-founded a driverless trucking startup.
Ford Motor Co. on Tuesday named a former General Motors Co. finance director as its next chief accounting officer.