Ultium Cells LLC, a joint venture of LG Energy Solution and General Motors, has announced 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, a statement made by the company said.
“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,” said GM Chairman and CEO Mary Barra. “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.”
“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,” LG Energy Solution President and CEO Jonghyun Kim said. “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.”
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