GM, LG to upgrade Tennessee plant to make low-cost EV batteries
Publishing timestamp: 2025-07-14 15:00:01
Summary
Ultium Cells, a joint venture between General Motors and LG Energy Solution, is upgrading its facility in Tennessee to produce low-cost electric vehicle battery cells that do not require expensive minerals like cobalt and nickel. This move is part of GM's efforts to diversify its EV portfolio and offer more affordable EV options. GM has also invested in new battery development labs and is working on different battery technologies for its electric SUVs and trucks.
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Source: https://www.cnbc.com/2025/07/14/gm-lg-ultium-spring-hill-tennessee-plant-ev-batteries.html