- GM may not make LFP the future backbone of its EV battery strategy.
- LMR could offer LFP-like costs with better energy density, GM says.
- The catch: LMR still has to prove itself in the real world before it becomes viable for mass-produced EVs.
General Motors may be taking a different path from much of the rest of the car industry. Automakers are increasingly relying on lithium-iron-phosphate (LFP) batteries to make their electric vehicles cheaper, but GM could skip this chemistry in favor of something it deems even better, according to comments from a GM executive speaking to Reuters on Wednesday.