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General Motors, LG Chem and the Argonne National Lab have shared a bit more information about their new advanced battery technology licensing deal, including why it could make future GM electric cars better, safer and cheaper.

Whether you want to use your Chevy Volt's batteries to drive without burning any gas or to charge your phone, a better battery is going to be a good thing. And General Motors would like to provide you with that battery, which is why it has sign a licensing deal with the DOE's Argonne National Laboratory for "advanced battery chemistry."