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December 6, 2022

GM venture to invest additional $275M in $2.5B Tenn. battery plant

By KIMBERLEE KRUESI
Associated Press

NASHVILLE, Tenn. — A joint venture between General Motors and South Korean battery company LG Energy Solution announced Friday that it will invest an additional $275 million to expand a Tennessee battery cell factory for electric vehicles.

Officials with the companies had already pledged to spend $2.3 billion to build a battery plant in Spring Hill, Tennessee. The additional investment is anticipated to result in 40% more battery cell output when the plant is fully operational. Production at the 2.8 million-square-foot facility is expected to begin in late 2023.


 
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