GM Aims For #1 In EV Sales With An Assist From LFP Batteries

General Motors (GM), currently holding the #2 position in U.S. electric vehicle (EV) sales behind Tesla, aims to overtake the leader by leveraging low-cost lithium-iron-phosphate (LFP) batteries imported from Chinese supplier CATL over the next two years. This strategy serves as a temporary measure while GM ramps up domestic LFP battery production, expected by 2027. Despite challenges such as tariff uncertainties and the imminent expiration of the federal $7,500 EV tax credit under the new “OBBA” tax bill, GM remains confident that EV sales will continue growing, supported by factors like lower maintenance costs, home charging convenience, and integration with renewable energy technologies. The article highlights that although political and infrastructural hurdles exist—such as reduced tax incentives and grid limitations for fast charging—advancements in charging solutions, including energy storage-equipped chargers and multi-household charging infrastructure, are addressing these bottlenecks. GM’s renewed focus on affordability is exemplified by the Chevy Bolt