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InsideEVs
InsideEVs
Technology

How GM Is Going To Cut EV Prices By $6,000 Per Vehicle

GM Ice Tesla Inc.
  • GM is discontinuing the Ultium branding
  • The company plans to introduce new battery options, including a cheaper pack using the LFP chemistry that's common in China.
  • GM estimates the switch will contribute to a cost savings of as high as $6,000 from one EV generation to the next.
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