General Motors and Ultium Cells LLC have announced a more than $2.3 billion investment to build its second battery cell manufacturing plant in the U.S. The facility will be located in Spring Hill, Tennessee.
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.
GM’s future Ultium-powered EVs are designed for Level 2 and DC fast charging. Most will have 400-volt battery packs and up to 200 kW fast charging capability while GM’s truck platform will have 800-volt battery packs and 350 kW fast charging capability.
Ultium Cells LLC is a joint venture of South Korea’s LG Energy Solution and General Motors.
GM Chairman and CEO Mary Barra, says: “The addition of our second all-new Ultium battery cell plant in the U.S. with our joint venture partner LG Energy Solution is another major step in our transition to an all-electric future. The support of the state of Tennessee was an important factor in making this investment in Spring Hill possible and this type of support will be critical moving forward as we continue to take steps to transition our manufacturing footprint to support EV production.”
LG Energy Solution President and CEO, Jonghyun Kim, adds: “This partnership with General Motors will transform Tennessee into another key location for electric vehicle and battery production. It will allow us to build solid and stable U.S-based supply chains that enable everything from research, product development and production to the procurement of raw components. Importantly, I truly believe this coming together transcends a partnership as it marks a defining moment that will reduce emissions and help to accelerate the adoption of EVs.”
With a 30-year history in the battery business, LG Energy Solution has made large-scale investments to accumulate enough stability, credibility and manufacturing experience to invent its own cutting-edge technologies. The company established its first research facility in the U.S. in the early 2000s. In 2010, the company built its first U.S battery plant in Holland, Michigan.