Ultium Cells, a joint venture of LG Energy Solution and General Motors, will make a $2.6 billion investment to build its third battery cell manufacturing plant in the United States, LG Energy said on Jan. 26. The facility will be located in Lansing, Michigan.
Ultium Cells will build the new plant on land leased from GM. The new battery cell plant is expected to create 1,700 new jobs when the facility is fully operational. Site preparation on the approximately 2.8 million-square-foot facility will begin this summer, and the plant is scheduled to open in late 2024.
The facility will supply battery cells to Orion Assembly in Michigan and other GM EV assembly plants. Ultium Cells expects the facility will have 50 gigawatt hours of battery cell capacity when running full production.
"With a shared vision, GM and LG Energy Solution pioneered the EV sector by seizing new opportunities in the market well before anyone else did," said Kwon Young-soo, CEO of LG Energy Solution. "Our third battery manufacturing plant, fittingly located in America's automotive heartland, will serve as a gateway to charge thousands and later millions of EVs in the future."
