General Motors Company · NYSE:GM
General Motors — Investor Day (2024)
37 slides from General Motors's investor day presentation, 2024
Slide 1: Kurt Kelty, Vice President, Battery Cell & Pack
Kurt Kelty Vice President, Battery Cell & Pack ee a en A SLES
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation and related remarks by management may include “forward-looking statements” within the meaning of the US. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements represent
Slide 3: Product Disclosure
Product Disclosure Depicted vehicles and features shown throughout may be simulated or in a preproduction state and subject to change. Products may not be currently available and subject to limited availability. Certain vehicle performance and other specs, including acceleration, torque and range ar
Slide 4: Non-GAAP Financial Measures
Non-GAAP Financial Measures See our 2023 Form 10-K and our subsequent filings with the SEC for a description of certain non-GAAP measures referenced in this presentation and remarks made by management, including EBIT-adjusted, EPS-diluted-adjusted, ROIC-adjusted and adjusted automotive free cash flo
Slide 5: Opportunity for Battery Leadership; EV Cell Production Update; New EV Battery Roadmap
Opportunity for Battery Leadership EV Cell Production Update New EV Battery Roadmap
Slide 6: Battery, Software, Global Technology Services, Manufacturing
BATTERY SOFTWARE GLOBAL TECHNOLOGY SERVICES MANUFACTURING'™ al : ba ae 4 \- ) Py a: ~ N 4 - =. ae ms \s : © o~ L _ ’
Slide 7: Slide 7
Slide 8: Opportunity for Battery Leadership
Opportunity for Battery Leadership Ni-Cd NiMH Li-ION NiMnCo § LiFePO4 Nickel-Cadmium Nickel-Metal Lithium-ion Hydride technology Nickel Manganese Lithium Iron Cobalt Phosphate
Slide 9: Opportunity for Battery Leadership
Opportunity for Battery Leadership Customer Base Public Policies | Suppliers Talent
Slide 10: Core Infrastructure and Foundation in Place
Core Infrastructure and Foundation in Place
Slide 11: Battery Technology at Scale
Battery Technology at Scale Next-Generation Materials & Cells Raw Material Supply Chain Invest in Emerging Technologies
Slide 12: GM Battery Facilities: The Road from R&D to Production
GM Battery Facilities: The Road from R&D to Production 100X 1,000,000x i ~0.0000003 GWh ~0.00003 GWh ~40 GWh
Slide 13: GM Battery Facilities: The Road from R&D to Production
GM Battery Facilities: The Road from R&D to Production e 100x 100X 10,000x il oo eS LU = — ~0,0000003 GWh ~0.00003 GWh ~0.003 GWh ~40 GWh
Slide 14: Wallace Battery Cell Innovation Center
WALLACE BATTERY CELL INNOVATION CENTER
Slide 15: Integrating New Technology In-House
Integrating New Technology In-House
Slide 16: GM Battery Facilities: The Road from R&D to Production
GM Battery Facilities: The Road from R&D to Production e 100X © 100X S 10,000x il GO (a= oe? ~0.0000003 GWh ~0.00003 GWh ~0.003 GWh ~40 GWh
Slide 17: GM Battery Facilities: The Road from R&D to Production
GM Battery Facilities: The Road from R&D to Production eC 100x 100x 100X 100x : (4 ae an eee! el ee ~0.0000003 GWh ~0.00003 GWh ~0.003 GWh ~0.5 GWh ~40 GWh a > ed
Slide 18: Battery Cell Development Center
BATTERY CELL ii DEVELOPMENT CENTER er —_ —— —_—— ef SS
Slide 19: Slide 19
Slide 20: Battery Module Production
Battery Module Production 10X >100M increase in battery module cells projected production in past year in 2024
Slide 21: Yield Targets
Yield Targets Unrivaled Yield Rates with JV facilities Tens-of-Millions of cost savings in 2024 OEE Values significantly exceeding targets
Slide 22: New EV Battery Roadmap
~NEW EV BATTERY ROADN —< et :
Slide 23: New EV Battery Roadmap
New EV Battery Roadmap U Continuously enhance Build on our cell Expand local Make performance safety of our packs § §=cost leadership in battery production improvements in North America fast charge and energy density
Slide 24: Slide 24
Slide 25: Launched With Flexibility and Scale
Launched With Flexibility and Scale
Slide 26: Chemistry Is the Key Driver
CHEMISTRY-IS THE KEY DRIVER CHEVROLET SILVERADO EV WORK TRUCK
Slide 27: GM-projected range with high-nickel vs LFP chemistry
GM-projected over 350 mile range with mile range with high-nickel chemistry LFP chemistry CHEVROLET SILVERADO EV WORK TRUCK
Slide 28: Slide 28
Slide 29: Expanding With Prismatic Cells
Expanding With Prismatic Cells ' ee Be PR IS MATIC pea
Slide 30: Reduce number of modules up to 15% per pack
Reduce number of modules up to 15% per pack _ PRISMATIC ea
Slide 31: Technology Partners
Technology Partners @ <—o LG Energy Solution SAMSUNG SDI
Slide 32: GM Pack Cost Improvement
GM Pack Cost Improvement Scale / Ramp >$60/kWh VP Positive by End of Year 2023 2024
Slide 33: GM Pack Cost Improvement
GM Pack Cost Improvement Scale / Ramp >$60/kWh Scale / Ramp J >$30/kWh VP Positive by End of Year 2023 2024 2025
Slide 34: GM Pack Cost Improvement
GM Pack Cost Improvement Scale / Ramp >$60/kWh Scale / Ramp Fewer, Larger ar Modules & J >S30/kWh Chemistry —— >$6000 saved per truck VP Positive by End of Year 2023 2024 2025 Gen2 w/LFP >350 mi range with LFP
Slide 35: Evolving Strategy
Evolving Strategy multi-chemistry, multi-form factor, multi-supply Improve EV Profitability introducing LFP, mid Nickel, and high Nickel Expansion of Prismatic Cells simplify pack manufacturing and increase supply opportunities Strengthening the Supplier Network introducing new partners
Slide 36: Achieving Our Battery Goals
ea ACHIEVING OUR BATTERY GOALS
Slide 37: Slide 37