Chevy EVs Get More Affordable: GM Introduces Cost-Saving LFP Batteries in Next-Gen Bolt and Silverado EV

General Motors (GM) is set to revolutionize its electric vehicle (EV) lineup by incorporating lithium iron phosphate (LFP) batteries into the upcoming Chevrolet Bolt and Silverado EV models. This strategic move aims to reduce production costs and offer more affordable EV options to consumers. What Are LFP Batteries? LFP batteries are a type of lithium-ion…