GM Developing EV Battery for NASA's Artemis Program Lunar Rover — Batteries Designed for a Decade of Autonomous Operation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 01 2025
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Source: Benzinga
General Motors' Lunar Rover Battery Development
- EV Battery for NASA: General Motors (GM) is developing an electric vehicle (EV) battery specifically for NASA's Lunar Rover as part of the Artemis program, utilizing a variation of its NCMA (Nickel Cobalt Manganese Aluminium Oxide) batteries currently used in the Chevrolet Equinox EV and Hummer EV.
- Battery Features: The battery is designed to function in extreme conditions, maintaining operation even if some cells fail, and is insulated for frigid temperatures. It is expected to last for a decade and cover a distance of 19,000 miles.
GM's Broader Mobility Strategy
- Investment in Battery Technology: GM is importing LFP batteries from Contemporary Amperex Technologies Ltd. (CATL) for the Chevrolet Bolt EV, with an agreement extending until 2027, when domestic production by LG Energy Solutions is set to increase.
- Financial Commitment: The automaker has invested over $888 million in a V-8 engine production facility in Buffalo, New York, indicating a dual focus on electric and internal combustion engine (ICE) vehicles.
Autonomous Driving Initiatives
- Reviving Autonomous Program: GM is revitalizing its autonomous driving program by bringing back former employees to enhance the Cruise system, with an emphasis on personal vehicle use.
- Partnership with Hyundai: GM is collaborating with Hyundai Motor Co. to develop over five new vehicles, aiming for an annual production target of 800,000 units, with the first vehicle expected to launch in 2028.
Performance Metrics
- Stock Performance: GM has received favorable scores in Momentum (76.29) and Value (89.72) metrics, while showing satisfactory Growth (50.03) and Quality (64.38) ratings, indicating a strong position in the market.
Analyst Views on GM
Wall Street analysts forecast GM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GM is 82.06 USD with a low forecast of 48.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
16 Buy
1 Hold
1 Sell
Strong Buy
Current: 81.140
Low
48.00
Averages
82.06
High
100.00
Current: 81.140
Low
48.00
Averages
82.06
High
100.00
About GM
General Motors Company designs, builds and sells trucks, crossovers, cars and automobile parts and provides software-enabled services and subscriptions worldwide. The Company's segments include GMNA, GMI, Cruise and GM Financial. Its GM North America (GMNA) and GM International (GMI) develop, manufacture and/or markets vehicles under the Buick, Cadillac, Chevrolet and GMC brands. The Company provides automotive financing services through its General Motors Financial Company, Inc. (GM Financial) segment. Its Cruise segment is engaged in the development and commercialization of autonomous vehicle technology. Its software-enabled services and subscriptions, including OnStar, its advanced driver-assistance systems (ADAS), including Super Cruise driver assistance technology, and its end-to-end software platform. The Company is also focused on investing in electric vehicles (EVs) and AVs, software-enabled services and subscriptions and new business opportunities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
