US EditionGM, LG Energy Solutions to Make Cheaper EV Batteries at Tennessee Site
MAURY COUNTY, TENNESSEE, JUL 14 – GM and LG Energy Solution will produce lithium iron phosphate batteries at Spring Hill, Tennessee, aiming to lower EV costs and create several hundred new jobs by 2027.
- On Monday, it was announced that the Ultium battery facility in Spring Hill, Tennessee, will be upgraded to manufacture lithium iron phosphate cells for affordable electric vehicles starting in 2027, as part of a collaboration between the automaker and its battery partner.
- This expansion follows the $2.3 billion investment announced in 2021 and aligns with industry moves toward LFP batteries, which offer cost savings and improved safety compared to nickel-cobalt alternatives.
- The Spring Hill plant currently makes nickel cobalt manganese aluminum batteries and will complement GM's high-nickel and upcoming lithium-manganese-rich battery solutions for longer range EVs.
- Kurt Kelty, GM's vice president of batteries, stated that the company is advancing its battery innovations to provide electric vehicle customers with an optimal combination of driving range, performance, and cost-effectiveness, with commercial production of lithium iron phosphate cells anticipated by late 2027.
- This upgrade aims to reduce EV battery costs, helping make entry-level electric vehicles more affordable amid federal tax credit phase-outs and ongoing shifts in consumer demand.
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Total News Sources35
Leaning Left7Leaning Right1Center9Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 41%
C 53%
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