Indiana Still Wants Fourth GM U.S. Battery Plant3
As previously reported by GM Authority back in January 2023, General Motors’ and LG Energy Solution’s deal to build a fourth Ultium Cells battery plant fell through, which was poised to be established in Indiana. Now, an Indiana-based battery cell plant may still be on the table.
According to a report from The Detroit News, GM has partnered with Samsung SDI to produce cylindrical battery cells, with New Carlisle, Indiana serving as a potential location for the new plant.
Despite the initial setback with LG Energy Solution, Indiana remains a strong contender for the new plant, due to its favorable business environment and skilled workforce. In fact, the state has been actively courting EV-related businesses in recent years by offering tax exemptions and other incentives to attract investment.
With all that being said, the decision on the plant’s exact location is still subject to negotiations between GM, Samsung SDI and various state officials. The two companies have not yet disclosed the exact location of the new battery plant, nor have they revealed a timeline for its construction.
As a reminder, the move to partner with Samsung SDI is part of GM’s wider strategy to produce more of its own batteries, in response to growing demand for electric vehicles and concerns about battery supply chain issues. In fact, the Detroit-based automaker has partnered with LG Energy Solution to build the first three Ultium Cells plants in Ohio, Tennessee and Michigan. Initially, GM and LG intended to jointly build the fourth plant, but LG wasn’t able to move forward with the deal.
This development comes as GM looks to offer 25 EVs worldwide by 2025, and go completely carbon neutral by 2040.
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Welp, it’s not coming to Indiana. It will be coming to Spring Hill. Yes, a second battery plant on the property will be announced soon
Not in my backyard!
It’s ironic that Hoosiers want the battery plant but not the EV’s. Smart folks!