Fri, April 16, 2021
- 2.8 million square-foot facility in
Spring Hill, Tennessee , will create 1,300 new manufacturing jobs - New plant will significantly increase
GM's ability to lead in the production of batteries at scale - Leading Ultium battery technology is at the heart of
GM's EV strategy
Ultium Cells will build the new plant on land leased from
"The addition of our second all-new Ultium battery cell plant in the
"This partnership with
The state-of-the-art
Ultium batteries are unique in the industry because the large-format, pouch-style cells can be stacked vertically or horizontally inside the battery pack. This allows engineers to optimize battery energy storage and layout for each vehicle design. Energy options range from 50 to 200 kilowatt hours, which could enable a
With a 30-year history in the battery business, LG Energy Solution has made consistent, 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
Through Ultium Cells, LG Energy Solution and
GM committed more than$27 billion to EV and AV product development, including$7 billion in 2021, and plans to launch 30 EVs globally by the end of 2025, with more than two-thirds available inNorth America .Cadillac , GMC, Chevrolet and Buick will all be represented, with EVs at all price points for work, adventure, performance and family use.- In
January 2021 ,GM unveiled BrightDrop, a new business that aims to electrify and improve the delivery of goods and services by offering an ecosystem of electric first-to-last-mile products, software and services to help empower delivery and logistics companies to move goods more efficiently. - In
October 2020 ,GM announced it would invest$2 billion in itsSpring Hill, Tennessee assembly plant to begin the transition to become the company's third vehicle manufacturing site to produce electric vehicles, joining Factory ZERO inDetroit andHamtramck, Michigan , andOrion Assembly inOrion Township ,Michigan . The all-new Cadillac LYRIQ will be the first EV produced atGM's Spring Hill assembly plant. Production of the Cadillac XT6 and XT5 will continue atSpring Hill . GM's zero-emissions technology will extend to fuel cells as the company announced it will supply its Hydrotec fuel cell power cubes to Navistar for use in its production model fuel cell electric vehicle.- In
January 2020 ,GM announced it was investing more than$2 billion in its Factory ZERO, formerly theDetroit -Hamtramck assembly plant. Factory ZERO will beGM's first plant that is 100 percent devoted to electric vehicles, and in fall 2021 will start production of the new GMC HUMMER EV pickup. In addition, Factory ZERO will also build the HUMMER EV SUV and the Chevrolet Silverado electric pickup truck. - In 2019,
GM announced the formation ofUltium Cells LLC , a joint venture with LG Energy Solution, to mass-produce battery cells inLordstown, Ohio , for future battery-electric vehicles. Construction of the$2.3 billion facility is well underway.
LG Energy Solution is a global leading battery maker providing the best solutions within the energy sector for a better world. Based on our 30 years of R&D experience, we deliver the most advanced batteries that have been infused with cutting-edge technologies to EVs, Energy Storage Systems (ESS) and Mobility & IT applications across the world. LG Energy Solution's Advanced Automotive Battery leads the market with its outstanding technologies and products. Home to the world's first EV battery lineup, we provide the best battery solutions for EVs worldwide. For more information about LG Energy Solution, please visit https://www.lgensol.com.
1Actual range will vary based on several factors, including temperature, terrain, battery age, vehicle model, loading, use and maintenance.
View original content:http://www.prnewswire.com/news-releases/gm-and-lg-energy-solution-investing-2-3-billion-in-2nd-ultium-cells-manufacturing-plant-in-us-301270646.html
SOURCE
CONTACTS: David Caldwell, GM Communications, 586-899-7861, david.caldwell@gm.com, or Wonjae Yoo, LG Energy Solution PR Communication, 82-10-4014-8827, wonjaeyoo@lgensol.com
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