Automobile

GM Announces New Electric Vehicle Battery Plant | MotorBiscuit

GM and LG are joining forces to create batteries for new electric vehicles. LG is a Korean manufacturer of many things, batteries being one of the items. As more and more electric vehicles require specific battery types, demand is increasing exponentially.

GM and LG make Ultium Cells LLC

A chassis of GM’s Chevrolet Volt electric vehicle | Gary Malerba/Bloomberg via Getty Images

CNBC reported that the brands are building a $2.3 billion battery cell plant in Tennessee. Ultium Cells LLC will be a joint venture to support vehicle batteries for new EVs like the Cadillac Lyric crossover.

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