GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its EVs

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Thread: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its EVs

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    GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its EVs

    GM Reveals New Ultium Batteries and a Flexible Global Platform to Rapidly Grow its EV Portfolio
    General Motors
    March 4, 2020

    Webcast Presentation Replay



    WARREN, Mich. – Starting today, General Motors Co. (NYSE: GM) is gathering hundreds of employees, dealers, investors, analysts, media and policymakers to share details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably.

    “Our team accepted the challenge to transform product development at GM and position our company for an all-electric future,” said Mary Barra, GM chairman and CEO. “What we have done is build a multi-brand, multi-segment EV strategy with economies of scale that rival our full-size truck business with much less complexity and even more flexibility.”

    The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. They will allow the company to compete for nearly every customer in the market today, whether they are looking for affordable transportation, a luxury experience, work trucks or a high-performance machine.

    “Thousands of GM scientists, engineers and designers are working to execute an historic reinvention of the company,” said GM President Mark Reuss. “They are on the cusp of delivering a profitable EV business that can satisfy millions of customers.”

    Ultium Batteries and Propulsion System Highlights
    • GM’s new Ultium batteries are unique in the industry because the large-format, pouch-style cells can be stacked vertically or horizontally inside the battery pack. This allows engineers to optimize battery energy storage and layout for each vehicle design.
    • Ultium energy options range from 50 to 200 kWh, which could enable a GM-estimated range up to 400 miles or more on a full charge with 0 to 60 mph acceleration as low as 3 seconds. Motors designed in-house will support front-wheel drive, rear-wheel drive, all-wheel drive and performance all-wheel drive applications.
    • Ultium-powered EVs are designed for Level 2 and DC fast charging. Most will have 400-volt battery packs and up to 200kW fast-charging capability while our truck platform will have 800-volt battery packs and 350 kW fast-charging capability.


    GM’s flexible, modular approach to EV development will drive significant economies of scale and create new revenue opportunities, including:

    • Continuous Improvement in Battery Costs: GM’s joint venture with LG Chem will drive battery cell costs below $100/kWh. The cells use a proprietary low cobalt chemistry and ongoing technological and manufacturing breakthroughs will drive costs even lower.
    • Flexibility: GM’s all-new global platform is flexible enough to build a wide range of trucks, SUVs, crossovers, cars and commercial vehicles with outstanding design, performance, packaging, range and affordability.
    • Capital Efficiency: GM can spend less capital to scale its EV business because it is able to leverage existing property, including land, buildings, tools and production equipment such as body shops and paint shops.
    • Complexity Reduction: The vehicle and propulsion systems were designed together to minimize complexity and part counts beyond today’s EVs, which are less complex than conventional vehicles powered by internal combustion engines. For example, GM plans 19 different battery and drive unit configurations initially, compared with 550 internal combustion powertrain combinations available today.
    • Rising Customer Acceptance: Third-party forecasters expect U.S. EV volumes to more than double from 2025 to 2030 to about 3 million units on average. GM believes volumes could be materially higher as more EVs are launched in popular segments, charging networks grow and the total cost of ownership to consumers continues to fall.
    • New Sources of Revenue: By vertically integrating the manufacture of battery cells, the company can reach beyond its own fleet and license technology to others.


    The first generation of GM’s future EV program will be profitable. The initial programs will pave the way for further accretive growth. GM’s technology can be scaled to meet customer demand much higher than the more than 1 million global sales the company expects mid-decade.

    Upcoming Launches and Reveals

    Chevrolet, Cadillac, GMC and Buick will all be launching new EVs starting this year. The next new Chevrolet EV will be a new version of the Bolt EV, launching in late 2020, followed by the 2022 Bolt EUV, launching Summer 2021. The Bolt EUV will be the first vehicle outside of the Cadillac brand to feature Super Cruise, the industry's first true hands-free driving technology for the highway, which GM will expand to 22 vehicles by 2023, including 10 by next year.

    The Cruise Origin, a self-driving, electric shared vehicle, shown to the public in January 2020 in San Francisco, was the first product revealed using GM’s third generation EV platform and Ultium batteries. Next will be the Cadillac Lyriq luxury SUV in April. Details about its launch will be shared then. The reveal of the Ultium-powered GMC HUMMER EV will follow on May 20. Production is expected to begin in Fall 2021 at GM’s Detroit-Hamtramck assembly plant, GM’s first assembly plant 100 percent dedicated to EV production.

    Cautionary Note on Forward-Looking Statements: This press release contains forward-looking statements that represent our current judgment about possible future events. In making these statements we rely on assumptions and analysis based on our experience and perception of historical trends, current conditions and expected future developments as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors, both positive and negative. A list and description of these factors can be found in our Annual Report on Form 10-K and our subsequent filings with the U.S. Securities and Exchange Commission. We caution readers not to place undue reliance on forward-looking statements. We undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors that affect the subject of these statements, except where we are expressly required to do so by law.

    General Motors (NYSE: GM) is a global company committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Holden, Baojun, and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, and Maven, its personal mobility brand, can be found at http://www.gm.com.
    GM Fact Sheet EV Architecture (PDF)

    GM Fact Sheet EV Manufacturing Investments (PDF)

    GM Fact Sheet Vehicle Charging (PDF)







    Last edited by BahamaTodd; 03-05-2020 at 08:56 AM.

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    Re: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its

    Cadillac-Lyriq-Silhouette


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    Re: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its

    Obviously exciting if GM can pull it off. I'm most interested in the increased capacity to reduce charging times and what that will mean in the real world. Nobody is going to wait 30 minutes at a charging station while on a long trip,

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    Re: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its

    This must be that VSS-R platform everyone has been talking about.
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    Re: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its

    Most will have up to 200kW fast charging. That's already a pretty big fail. Give it the absolute fastest charging you can!!!!
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    Re: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its

    Quote Originally Posted by Busterchops View Post
    Obviously exciting if GM can pull it off. I'm most interested in the increased capacity to reduce charging times and what that will mean in the real world. Nobody is going to wait 30 minutes at a charging station while on a long trip,
    Aren't the Tesla guys already stuck waiting 30+ minutes at Superchargers?
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    Re: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its

    Quote Originally Posted by Busterchops View Post
    Obviously exciting if GM can pull it off. I'm most interested in the increased capacity to reduce charging times and what that will mean in the real world. Nobody is going to wait 30 minutes at a charging station while on a long trip,
    As I already said, GM is screwing the pooch by "only" getting 200kW charging. Then, they're relying on 3rd party charging. Granted about 95% of the miles put on the cars are within the single charge range so it wont be a true issue.
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    Re: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its

    Quote Originally Posted by Busterchops View Post
    Obviously exciting if GM can pull it off. I'm most interested in the increased capacity to reduce charging times and what that will mean in the real world. Nobody is going to wait 30 minutes at a charging station while on a long trip,
    Unless you drive a Tesla

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    Re: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its

    Fantastic news Tesla will have GM coming up pretty close in the rear view mirror now and will soon will be overtaking them in very little time, this is great news.

    Most importantly “Ultium will get General Motors through the $100 per kilowatt-hour cost curve.” The cost at the pack level is most likely around $120/kWh, coming close to the critical price point at which battery-powered vehicles reach price parity with combustion cars. This is a massive game changing break though for GM, GM brands like Cadillac have always struggled to sell its gas guzzling cars outside North America the whole world will become a level playing field with the Cadillac EV it will be able to be sold anywhere in the world at long last.

    Personally l like the almost maintenance free car that EV tech brings as l do all my own maintenance myself - no engine, transmission, transaxle, rear axle, front axle oils to change wow hate that job on a pick-up. No more air/fuel/oil filters to replace, no plugs, timing/fan belts, valve clearances to adjust, no expensive catalytic converter exhaust system to replace, no cooling system to top up drain change the anti freeze refill etc etc.

    Biggest winner will be the air quality we breathe, no more smelly carcinogenic oils to change. You can fill-up at home at home in the garage not have to drive out to the nearest gasoline station that might be a bit out the way, or even fill up for free at work if you are lucky to work for a great company like General Motors will be soon be able to fill up for free at one of the 3,500 new free charging points they are installing in USA/Canada.

    Pleased to see things are finally looking up at GM, the recent years have been pretty crap Barra/Reuss they were handed down a can of worms when Barra became CEO, a lot of the very tough decisions had to be made to cut the deadwood out of the organisation GM are looking in much better financial shape are running a much more solid stable viable business with a great long term future. Now GM have got the cost of battery tech down so the EV car can complete with the ICE with these at new low cost battery packs near $100per kilowatt-hour on price, the long term future of General Motors is looking great it means cars like the Chevy Bolt instead of being sold at a loss can be sold at profit. It's been great on here watching GM turn themselves around those tough decisions must have been hard to make, nice to see the sun shining on GM at long last.

    Most 95% of American's could get by with a just 200 mile range EV all week, 400 mile range is just a dream has cracked it with these new much cheaper packs GM have just announced will be on par with the ICE, means after a long tiring 400 mile drive and 30 minute stop for a welcome break charge-up/coffee & donuts up at a service station you can be off back on the road for another 320 miles with a quick charge.
    Last edited by Oldsmobile stopped; 03-05-2020 at 07:26 AM.
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    Re: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its

    Getting closer. We've done 38K since Feb 2 in our Acadia and NEVER spend 30 mins stopped. We don't eat lunch while on the road like that and refueling is 10-15 mins. Then there is vehicle cost. Paid well under 30K for a 16K mile '16 slt2 Acadia that is a dream to travel in. That's what they have to equal. Not saying never, just not yet.

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    Re: GM Reveals New Ultium Batteries and Flexible Global Platform to Rapidly Grow its

    Quote Originally Posted by Larkbill View Post
    Getting closer. We've done 38K since Feb 2 in our Acadia and NEVER spend 30 mins stopped. We don't eat lunch while on the road like that and refueling is 10-15 mins. Then there is vehicle cost. Paid well under 30K for a 16K mile '16 slt2 Acadia that is a dream to travel in. That's what they have to equal. Not saying never, just not yet.
    The future WILL happen - we just don't know when.

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