The Zhitong Finance App learned that General Motors (GM.US) has not been shaken by the downturn in the electric vehicle market in the past few years and is promoting a new electric vehicle project. It is expected to launch a new battery-powered mainstream SUV within about three years. GM executives told reporters at an event in New York that the company's latest move aims to launch a variety of affordable electric vehicles in the popular model segment. The core is a battery with a lithium-manganese-based chemical system. Compared with the technology used in existing general products, this battery lasts longer and costs less.

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