WARREN, MI - Engineers of the four-seat Chevrolet Volt electric car often refer to its 435-pound battery pack as the fifth passenger. Given the care taken to keep the pack at just the right temperature in all weather conditions, there is a lot of truth to that.
GM Investment Aimed at Lowering EV Battery Costs
DETROIT - General Motors Ventures LLC has invested $7 million in Newark, Calif.-based Envia Systems to provide GM's battery engineering team with access to advanced lithium-ion cathode technology that delivers higher cell energy density and lower cost. In a separate agreement, GM has secured the right to use Envia's advanced cathode material for future GM electrically driven vehicles.