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Ultium Cells Announces $2.3 Billion Investment in New Battery Cell Manufacturing Plant

By Global Infrastructure Sherpa · Jan 25, 2025
Investment Battery Cell Manufacturing announced United States Jan 25, 2025
USD2300M
Deal Value

Ultium Cells, a joint venture between GM and LG Energy Solution, announced a $2.3 billion investment to build a new battery cell manufacturing plant in the United States.

Timeline

Announced
Jan 25, 2025
Signed
Closed

Counterparts (2)

Partner
General Motors
company
General Motors is an automotive manufacturer that is investing in electric vehicle technology and in...
Investor
GM | Ultium Cells
company
Ultium Cells LLC is a joint venture between General Motors and LG Energy Solution to mass-produce ba...

Source

www.manufacturingdive.com
1 of 1 Battery Cell Manufacturing deals tracked this month · Updated daily
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