General Motors finally beat Tesla’s electric battery
In a major challenge to electric car leader Tesla, General Motors announced it has created a new electric vehicle battery that offers up to 400 miles of range and will be cheaper to produce than today’s batteries.
The new battery cells will hold enough energy to potentially power a car for 400 miles or more on a single charge, the company announced Wednesday. That’s slightly more driving range than any car Tesla offers.
READ ALSO: Egypt executes top militant extradited from Libya
Tesla claims a range of 390 miles for the latest version of its Model S Long Range sedan.GM’s new battery cells will be used in several of its new fully electric models, including a recently unveiled self-driving electric car, the Cruise Origin, and a future Cadillac luxury SUV.
GM also hopes to license its battery technology to other companies.The announcement was part of a broader presentation on the company’s aggressive plans for electric vehicles.
“GM is building toward an all-electric future because we believe climate change is real,” GM CEO Mary Barra said during a presentation for media and investors.
She said the company would be investing more than $3 billion annually in electric vehicle research and development between 2020 and 2025.”We want to put everyone in an EV, and we have what it takes to do it,” Barra said.
