05
Dec
15:00
Ultium Cells expands Tennessee’s gigafactory capacity by over 40%
Ultium Cells, the joint venture between GM and LG Energy Solution, has decided to expand capacity at its planned Tennessee battery gigafactory by over 40%, Kallanish reports.
The partners have agreed to pump another $275 million into the project that will now run 50 gigawatt-hours of battery cell production. The additional investment also means 400 more jobs for a total of 1,700 and a faster timeframe with start of production in late 2023, the JV says.
The…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous