GM Invests $275M Extra In Spring Hill Ultium Battery Plant8
General Motors continues to drive towards the mass adoption of all-electric vehicles, with plans to launch 30 new EV models by 2025. Naturally, GM’s EV efforts will require a steady supply of batteries, and to that end, it was recently announced that the GM Ultium Cells battery plant in Spring Hill will receive an additional $275 million in investments to increase battery cell production.
For those readers who may be unaware, Ultium Cells LLC is a battery cell manufacturing joint venture between LG Energy Solution and General Motors, which plans to launch a total of four new battery cell production facilities in the U.S. in the next few years. One of those new facilities is the Ultium Cells plant currently under construction in Spring Hill, Tennessee.
Now, Ultium Cells has announced that the new Spring Hill facility will receive an additional $275 million investment to expand its fully operational battery cell output from 35 GWh to 50 GWh, an increase of more than 40 percent. The new investment follows a $2.3 billion investment made in April of 2021, and is expected to add a further 400 new jobs, bringing total facility employment to roughly 1,700 workers by the time the facility is fully operational. The new battery cells will power GM models like the Cadillac Lyriq EV crossover, among other GM Ultium-based products.
The new Ultium Cells facility in Spring Hill is expected begin operations late next year, and will span some 2.8 million square feet.
“This investment will allow us to provide our customer GM more battery cells faster and support GM’s aggressive EV launch plan in the coming years,” said Ultium Cells LLC vice president of operations, Tom Gallagher. “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.”
In addition to the new site in Tennessee, Ultium Cells also has new battery production facilities in Lordstown, Ohio and Lansing, Michigan. The new Ultium Cells plant in Ohio began operations in August, while a fourth facility will be constructed in Indiana.
Subscribe to GM Authority for more GM electric vehicle news, GM technology news, GM business news, and around-the-clock GM news coverage.
- Sweepstakes Of The Month: Win a 2023 Corvette Z06 Convertible. Details here.
This full blown dive into EV could be the final blow to bankrupt GM.
That is why the battery plants are not GM. Besides at 2.5 billion for largest plant and 5 billion for the other three it would not be GMs biggest oops.
Yes they are GM. They are a joint venture with LG. Read the article.
Are workers at Ultium Cells LLC UAW members or is this a way for GM to avoid more unionization?
The US is Not attempting to shut down coal plants, pipelines and drilling. If you are seeing that featured in television ads, it is conservative politicians trying to besmirch Biden and Democrats. The truth is the coal industry can’t compete (natural gas and oil are cheaper) and the oil companies have lots of oil drilling leases and pipelines. The oil companies have chosen not to invest in new oil refineries for many years. That is the bottleneck. There is lots of US oil and gas but nowhere to refine it. If you ran an oil company and you saw the move towards electric power, renewables, etc., would you invest billions of your dollars in a new refinery, or keep repairing the elderly ones you already have? The government has never told the oil companies what to do. The oil companies just do what they want and they don’t want to invest in new capacity.
Sorry Steven B but I worked in an oil related business for 15 years and you have been feed a bunch of bull. This administration is doing it’s best to destroy the oil industry. All they have to do is slow walk industry needs and it happens.
Biden and other Democrats directly say they want coal shut down and Steve hears something else. Good grief…