GM and LG Chem will announce new Tennessee battery factory
The new GM logo heralding its electric future. | Image: GMOn Friday, General Motors and LG Chem announced a new $2.3 billion battery factory to open late 2023 in Spring Hill, Tennessee. It will be the second US battery joint venture for the American and South Korean giants, after the pair first announced a $2.3 billion battery cell manufacturing plant in Lordstown, Ohio back in 2019. The companies say construction will begin immediately, and that the plant will create 1,300 new jobs.
The Spring Hill batteries will be used for the Cadillac Lyriq electric SUV, say sources speaking to Reuters. GM already announced that Lyriq will be powered by GM’s new scalable battery architecture called Ultium. Batteries based on Ultium would offer power ranging from 50 to 200 kWh that could allow for a driving…
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