LG Energy, GM's Ultium Cells Plant Sparks EV Revolution

Apr 2, 2024 03:34 PM ET
  • LG Energy Solution and GM's Ultium Cells joint venture sparks innovation in automotive electrification, creating jobs and reducing emissions with state-of-the-art battery technology.

LG Energy Solution and General Motors' joint venture, Ultium Cells, has begun production at its new battery cell plant in Spring Hill, Tennessee. The $2.3 billion investment is expected to create 1,300 new jobs. The plant, built on land leased from GM, will supply battery cells to GM's Spring Hill assembly plant and is set to open in late 2023.

GM Chairman and CEO Mary Barra highlighted the importance of the state of Tennessee's support in making the investment possible. The partnership between LG Energy Solution and GM aims to accelerate automotive electrification and reduce emissions, with plans to launch 30 EVs globally by the end of 2025.

Ultium batteries, with energy options ranging from 50 to 200 kilowatt hours, are designed to optimize battery energy storage for various vehicle designs. GM's future Ultium-powered EVs will offer fast charging capabilities, with most having 400-volt battery packs and up to 200 kW fast charging capability. LG Energy Solution, with a 30-year history in the battery business, has made significant investments in cutting-edge technologies to support automotive electrification.

What are the key features of Ultium batteries for GM's future EVs?

  • Ultium batteries have energy options ranging from 50 to 200 kilowatt hours, allowing for optimization of battery energy storage for different vehicle designs.
  • GM's future Ultium-powered EVs will offer fast charging capabilities, with most having 400-volt battery packs and up to 200 kW fast charging capability.
  • The partnership between LG Energy Solution and GM aims to accelerate automotive electrification and reduce emissions, with plans to launch 30 EVs globally by the end of 2025.
  • LG Energy Solution, with a 30-year history in the battery business, has made significant investments in cutting-edge technologies to support automotive electrification.
  • The $2.3 billion investment in the new battery cell plant in Spring Hill, Tennessee is expected to create 1,300 new jobs and will supply battery cells to GM's Spring Hill assembly plant.

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