General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan.
Photo by Steve Fecht for General Motors
General Motors and LG Energy Solution will spend a further $275 million of their three way partnership battery plant in Tennessee to extend production by greater than 40%.
The three way partnership, referred to as Ultium Cells LLC, said Friday that the brand new investment is along with the $2.3 billion announced in April 2021 to construct the two.8 million-square-foot facility. Production on the plant is slated to start in late 2023.
Domestic production of battery cells in North America is predicted to be crucial for automakers within the years to come back with a purpose to grow their EV footprints and qualify for federal incentives under the Biden administration’s Inflation Reduction Act.
The brand new investment by GM and LG Energy is predicted to extend capability from 35 gigawatt-hours to 50 gigawatt-hours when the plant is fully operational.
The Ultium Cells Spring Hill site is predicted to affix other three way partnership battery cell manufacturing sites in Ohio and Michigan. A facility in Michigan can be under construction and is predicted to start production in late 2024.
“Ultium Cells will play a critical role in making GM’s commitment to an all-electric future a reality,” said Tim Herrick, GM’s vp of EV Launch Excellence. “By expanding battery cell output at Ultium Cells Spring Hill, this investment will help GM offer customers the broadest EV portfolio of any automaker and further solidifies our path toward U.S. EV leadership.”
