Ultium Cells, the battery cell manufacturing joint venture of LG Energy Solution and GM, plans to invest an additional $275 million in its Spring Hill, Tennessee plant to expand the facility’s battery cell output by more than 40 percent, from 35 GWh to 50 GWh. The company put $2.3 billion into the facility in April 2021.
With the additional investment, the capacity expansion is expected to create 400 new jobs, bringing the expected plant total to 1,700 jobs when the facility is fully operational.
The facility will supply battery cells to GM’s Spring Hill assembly plant for the production of the Cadillac LYRIQ and other GM Ultium-based EVs.
Production is expected to begin in late 2023.
“This investment will allow us to provide GM with more battery cells faster and support its aggressive EV launch plan in the coming years,” said Tom Gallagher, Ultium Cells VP of Operations. “Ultium Cells is taking the appropriate steps to support GM’s plan for more than 1 million units of EV capacity in North America by mid-decade.”
Source: Ultium Cells