Ultium Cells, a joint venture of LG Energy Solution and General Motors, is planning to make a “more than $2.3 billion investment” to build its second battery cell manufacturing plant in the United States. The facility will be located in Spring Hill, Tennessee.
Ultium Cells will build the new plant on land leased from GM. The new battery cell plant will create 1,300 new jobs. Construction on the approximately 2.8 million-square-foot facility will begin immediately, and the plant is scheduled to open in late 2023. Once operational, the facility will supply battery cells to GM’s Spring Hill assembly plant.
Mary Barra, GM chairman and CEO, says: “The addition of our second all-new Ultium battery cell plant in the US with our joint venture partner LG Energy Solution is another major step in our transition to an all-electric future. [Read more…] about GM and LG invest $2.3 billion in second battery manufacturing plant in US