The Spring Hill plant is part of the Ultium Cells LLC joint venture between GM and battery supplier LG Energy Solution. A ...

GM has said its goal is to sell more than 1 million EVs globally by 2025 and, to do that, Barra said, "We are increasing our investment to scale faster because we see momentum building in the ...

GM invests in ‘AI-enabled’ battery startup that could help build cheaper EVs. GM is leading a $60 million investment round in California startup Mitra Chem to speed up efforts to transition to ...

The investment is in addition to the $2.3 billion investment GM and LG announced in April 2021. Production at the 2.8 million-square-foot facility will start late next year.

GM and LG Energy Solution, through their joint venture Ultium Cells LLC, are investing $2.6 billion to build the third U.S. battery plant they have planned. Two others are in northeast Ohio and ...

GM Indiana EV Battery Plant Investment Is Largest In State History GM, Samsung SDI joint venture will bring $3B battery cell plant to St. Joseph County, Indiana. Plus, GM invests $632M In Fort Wayne.

GM is developing new battery tech on a number of technological fronts. Along with its Mitra Chem investment, it's working on pouch- and prismatic-style cells shaped like flattened boxes to reduce ...

The investment, which GM said is its single largest in the company's 112-year history, will help transform the state into an EV and battery production powerhouse. The investment breaks down into a ...

In late May, Ford upped its EV investments to $30 billion and announced new electric SUVs coming down the pike. Then in June, GM boosted its commitment to $35 billion and said it would add two US ...

GM and LG Energy Solution already are building two other battery cell manufacturing plants with LG in northeast Ohio and Spring Hill, Tennessee. Both of those investments totaled more than $2 ...