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Ultium Cells LLC

company

Ultium Cells LLC is a joint venture between General Motors and LG Energy Solution, dedicated to the mass production of Ultium battery cells for General Motors' electric vehicle lineup. The company focuses on developing and manufacturing advanced battery technology to support the transition to an all-electric future, with multiple large-scale manufacturing plants in the United States.

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Founded 2019 5,000 employees Parent: General Motors; LG Energy Solution
Automotive Component ManufacturerOEM/Equipment

Strategic Overview

  • Crucial for General Motors' strategy to transition to an all-electric vehicle lineup.
  • Focus on establishing a robust domestic supply chain for EV battery cells in the United States.
  • Leverages the combined expertise of General Motors in automotive manufacturing and LG Energy Solution in battery technology.

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Key People

Kwan-Young Lee
CEO
Jaehong Kim
President
Thomas Gallagher
Vice President of Manufacturing

Track Record

3
Deals Completed
5
Years Active
$M7,200M
Total Value
Notable projects: Lordstown Battery Cell Plant, Spring Hill Battery Cell Plant, Lansing Battery Cell Plant

Detailed Analysis

Technologies
Battery StorageElectric VehiclesEV Charging
Geographies
United States (4 deals)

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