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GM reveals new Ultium batteries and flexible global platform for rapid growth of EV lineup

Green Car Congress

MARCH 5, 2020

The cells use a proprietary low cobalt chemistry and ongoing technological and manufacturing breakthroughs will drive costs even lower. For example, GM plans 19 different battery and drive unit configurations initially, compared with 550 internal combustion powertrain combinations available today.

GM Global Batteries Battery

82% of BEVs & PHEVs Available in the US in 2022 Have a Base MSRP of $40,000+

EV Adoption

OCTOBER 29, 2022

Not all dealers add these markups, but many do and they can range from just a few hundred dollars up to $50,000 or more (which I personally saw on a Mercedes-Benz EQS SUV recently). Add all of these additional costs up and buyers can easily pay $10,000-$15,000 more for an EV than the base MSRP. 4 ($3,735).

PHEV

PHEV Available Ferrari Dealers

EV Driven

GM reveals new Ultium batteries and flexible global platform for rapid growth of EV lineup

82% of BEVs & PHEVs Available in the US in 2022 Have a Base MSRP of $40,000+

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