General Motors has cracked the chemistry of lower-cost, energy-dense electric vehicle batteries. Budget-conscious gasoline holdouts may soon have no excuse.

General Motors (GM) and LG Energy Solution have announced plans to commercialize lithium manganese-rich (LMR) prismatic battery cells for future GM electric trucks and full-size SUVs, providing a 33% higher energy density compared to the best lithium iron phosphate (LFP)-based cells,

General Motors expects to pioneer a new “groundbreaking” EV battery technology that the automaker says will reduce costs and boost profitability of its largest electric SUVs and trucks.