GM pivots to lower-cost EV batteries with eye on Hyundai tie-up

Former Tesla executive leads U.S. automaker's strategy shift

20241009N GM

General Motors seeks greater use of less-expensive LFP batteries for its electric vehicles. © Reuters

AZUSA KAWAKAMI, Nikkei staff writers

NEW YORK -- General Motors is rejiggering its electric vehicle battery strategy to increase the procurement of low-cost varieties as the automaker explores a new partnership with Hyundai Motor.

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