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GM, LG invest $275 million to expand Tennessee EV battery plant | Jobs Vox

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General Motors unveiled Ultium, its all-new modular platform and battery system, on March 4, 2020 at its Technology Center campus in Warren, Michigan.

Photo courtesy of Steve Fecht for General Motors

General Motors and LG Energy Solutions will spend an additional $275 million on a joint battery plant in Tennessee to increase production by more than 40 percent.

The joint venture, known as Ultium Cells LLC, is making a new investment in the 2.8 million-square-foot facility in addition to the $2.3 billion investment announced in April 2021, the company said Friday. Production of the plant is planned to start at the end of 2023.

Domestic production of battery cells in North America will play a key role in the coming years for automakers to expand their EV footprint and qualify for federal incentives under the Biden administration’s anti-inflation law.

The new investment from GM and LG Energy is expected to increase capacity from 35 gigawatt-hours to 50 gigawatt-hours when the plant is fully operational.

The Ultium Cells Spring Hill site is expected to join other joint venture battery cell manufacturing sites in Ohio and Michigan. A facility in Michigan is also under construction and is expected to begin production in late 2024.

“Ultium Cells will play an important role in realizing GM’s commitment to an all-electric future,” said Tim Herrick, GM’s vice president of EV Launch Excellence. “By increasing Ultium Cells Spring Hill’s battery output, this investment will help GM offer its customers the most comprehensive EV portfolio of any automaker and further strengthen its path to US EV leadership.”

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