GM and LG Boost LMR Battery Manufacturing, Creating 500 Jobs in Tennessee

Key Highlights on Ultium Cells’ Expansion Plans

1. Production Goals:

   • Ultium Cells aims to be the first to produce lithium manganese-rich (LMR) prismatic battery cells commercially.
   • Production is expected to commence in 2028 following facility upgrades.

2. Technological Advancements:

   • LMR technology promises 33% greater energy density compared to lithium iron phosphate (LFP) chemistry, while remaining cost-effective.

3. Job Creation:

   • The Spring Hill, Tennessee expansion is projected to create 500 new jobs, enhancing the current workforce of approximately 1,200 employees.

4. Investment:

   • The company plans to invest $1 billion to upgrade the existing facility for battery production.

5. Product Flexibility:

   • Ultium Cells will manufacture battery cells across multiple chemistries and form factors, enabling customization for various vehicle types and applications.

Background

Ultium Cells is a joint venture between General Motors and LG Energy Solution. The upgrade to produce LMR cells will position them at the forefront of next-generation battery technology, supporting GM’s electric vehicle production as the market evolves.