General Motors and Honda aim to build an electric vehicle that costs less than $30,000. A modular battery system will help.
that they would be developing a new kind of electric car: an affordable one. The two companies have a plan for an EV that will be sold into the millions of units around the world beginning in 2027. The modular architecture of the planned sub-$30,000 EV will allow it to be sold in multiple variants, including the ever-popular compact crossover SUV.
Here’s what to know about the battery tech, the planned new vehicle, and how much EVs tend to cost today.One of the major benefits to the Ultium platform, as it compares to other types of battery electric vehicle power cells, is its modularity. Ultium cells can be packaged vertically or horizontally, giving engineers flexibility in designing a battery pack to fit the available space in a vehicle.
But by far, the biggest benefit to a pouch-style Ultium battery pack is that it simply costs less to manufacture. General Motors has been selling mainstream vehicles with electric battery packs for over a decade. When the first Chevrolet Volts left the assembly line in 2010, its series hybrid battery pack cost GM over $1,000 per kilowatt hour of storage capacity.
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