Ultium Cells to retrofit Tennessee plant for mass‑production of LMR prismatic batteries
Ultium Cells, the joint venture of General Motors and LG Energy Solution, will retrofit its Spring Hill, Tennessee facility to produce lithium‑manganese‑rich (LMR) prismatic battery cells. The conversion is slated to begin later this year and be completed by 2028, creating about 500 new jobs. LMR cells are said to deliver roughly 33% higher energy density than lithium‑iron‑phosphate (LFP) chemistry at comparable cost, targeting electric pickups and large SUVs.
Why it matters
GM says the new LMR cells will broaden its battery portfolio and help meet profitability goals for its EV strategy. The $1 billion investment also signals a commitment to U.S. battery manufacturing leadership.
Key facts
- 1Ultium Cells will invest $1 billion through 2030 in LFP and LMR production programs and plant improvements. finance.biggo.com
- 2The LMR chemistry is projected to provide about 33% higher energy density than LFP at similar cost. finance.biggo.com
- 3Plant retrofitting will start later this year and be completed in 2028. finance.biggo.com
- 4The project is expected to create 500 new jobs. finance.biggo.com
- 5The Spring Hill plant currently employs about 1,200 workers. finance.biggo.com
- 6Production of LMR prismatic cells is targeted for electric pickups and large SUVs. finance.biggo.com
Summary written by AlphAI from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.