General Motors is partnering with LG to develop lithium manganese-rich (LMR) batteries, which are safer, denser, and cheaper than current EV battery tech. The automaker aims to begin U.S. production by 2028 and become the first to deploy LMR cells in electric vehicles. Ford also announced it would start adopting LMR batteries for its EVs, but not until 2030.

The Verge reports:

GM’s current crop of electric Chevys and Cadillacs use high-nickel batteries, which supply enough energy for around 300-320 miles of range. The new LMR batteries are denser, with greater space efficiency due to their prismatic shape, enabling up to 400 miles of range, GM says. Prismatic cells are packed flat in rigid cases and are generally thought to be less complex to manufacture than cylindrical cells. Less complexity and cheaper materials will hopefully lead to lower-cost EVs, which has been a significant challenge for the auto industry’s shift to electric vehicles.

“The EV growth rate is really dependent on how quickly we can bring the costs down over time,” says GM’s VP for batteries Kurt Kelty. “And this is the biggest lever we have. Batteries make up roughly 30 to 40 percent of the cost of vehicles. And if you can drop that down significantly like we’re doing here, then it ends up being a lower cost to the consumer.”