Ultium Cells LLC, a joint venture of LG Energy Solution and General Motors, will invest more than $2.3 billion to build its second U.S. battery cell manufacturing plant in Spring Hills, Tennessee. The project is expected to create 1,300 new manufacturing jobs in Maury County.
Through Ultium Cells, LG Energy Solution and GM will merge their advanced technologies and capabilities to help accelerate automotive electrification. The company will build the new 2.8-million-square-foot, state-of-the-art plant on land leased from General Motors. Construction will begin immediately, and the plant is scheduled to be open in late 2023. Once operational, the Ultium Cells plant will supply battery cells to GM’s Spring Hill assembly plant.
“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. 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 going forward as we will continue to take steps to transition our manufacturing footprint to support EV production,” Mary Barra, GM chairman and CEO said.
In October 2020, GM announced it would invest $2 billion in its Spring Hill assembly plant to begin the transition to become the company’s third electric vehicle manufacturing site, and the first outside of the state of Michigan.
“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. 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,” added Jonghyun Kim, LG Energy Solution president and CEO.
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 GM-estimated range up to 450 miles or more on a full charge with 0-60 mph acceleration in 3 seconds.
“The decision to build this plant in Tennessee is a testament to our state’s position as a leader in the automotive industry. As automakers continue to shift production to electric vehicles, I am proud that Tennessee offers the business climate and skilled workforce to support their growth. I appreciate General Motors and LG Energy Solution for making this substantial investment in Spring Hill and for creating 1,300 new jobs for Tennesseans.” said Governor Bill Lee.
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 U.S. in the early 2000s. In 2010, the company built its first U.S battery plant in Holland, Michigan.