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GM to Invest in New Battery Building to Lower EV Costs
The latest GM announcement comes just one day after it said it reached a deal with Wolfspeed (to develop and provide silicon carbide power devices for GM’s future electric vehicle programs. Wolfspeed’s silicon carbide devices will allow GM to “install more efficient EV propulsion systems that will extend the range” of its growing EV portfolio. The silicon carbide involved will be used in the integrated power electronics contained within GM’s Ultium Drive units in its next-generation EVs. Continue reading →