In a press release published Friday, GM confirmed plans to announce the location of its fourth U.S.-based Ultium Cells battery manufacturing plant in the near future. While GM has yet to say where this facility will be located, a report from Reuters indicates the plant will be constructed about an hour and a half east of Chicago in New Carlisle, Indiana.
A spokesperson for Ultium Cells LLC confirmed to Reuters that the company is “developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana,” and that it has applied to receive tax breaks for the investment. The plant will be roughly the same size as the previously announced Ultium Cells LLC plants in Ohio, Tennessee and Michigan and would represent an investment of around $2 billion.
The first Ultium Cells LLC plant, located in Warren, Ohio, will begin producing battery cells this month. The 2.8-million-square-foot facility was constructed at a cost of $2.3 billion, employs roughly 700 workers and will have an annual output of 30 GWh. The remaining two Ultium plants will be located in Spring Hill, Tennessee and Lansing, Michigan on sites situated close to existing GM vehicle assembly plants. The Tennessee site will come online in 2023, with the Michigan site set to go live in 2024.
The U.S. Department of Energy’s Loan Programs Office (LPO) announced in July that it had entered a conditional agreement with Ultium Cells LLC for a $2.5 billion loan to help finance the construction of its new battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. If confirmed, it’s likely the new site in Indiana would also benefit from this federal financial assistance. In a statement, the DOE said the loan “comes at a time when the EV market is expected to grow substantially in the coming years.”
The Ultium battery plants will manufacture large format, pouch-type nickel-cobalt-manganese-aluminum (NCMA) battery cells, which will later be packed into GM vehicle battery packs. The automaker’s Ultium battery pack design is modular, allowing the cells to be stacked in different arrangements to create batteries of varying sizes and energy densities. This allows the same cell design to be used across a wide variety of GM EVs, from pickups to crossovers, performance cars and more.
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The broke borrowing money from the destitute. this should end well.
So will a dealer be able to open the pack god forbid and replace a few of them IF needed?
Seems like new EV's Equinox will not meet the "built in N America" half of the equation to get the full $7,500 tax reduction?? Is this true no one at GM can answer that simple question put to you by me at dealership at corp headquarters? I have asked that question almost 9 times now and no answer for corp or at dealerships????
PLEASE ANSWER THAT QUESTION AND ALSO WHY BRING OUT THE RS VERSION FIRST WHEN YOU PROMISED A PRICE OF AROUND $30,000 IN ALL YOUR ADS TO DATE----DOES NOT GOOD MARKETING SENSE TO ME!!!!