WASHINGTON : General Motors and LG Energy Solution said Friday they are investing another $275 million in their Tennessee joint venture battery cell plant to increase production by more than 40 per cent.
The new investment in the Ultium Cells Spring Hill plant will boost battery output from an annual capacity of 35 gigawatt-hours to 50 GWh, when the plant is operational in late 2023. It is one of at least four U.S. joint venture battery plants planned to supply GM electric vehicles as the largest U.S. automaker ramps up EV production.
The new investment follows $2.3 billion announced in April 2021 and will add another 400 jobs. The factory will employ 1,700 workers when fully operational. The first Ultium joint venture plant in Warren, Ohio began production in August. Workers next week at the $2.3 billion Ohio plant will vote whether to unionize after the United Auto Workers petitioned to represent about 900 workers.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US and Asian allies impose new sanctions on North Korea after ICBM testWASHINGTON: The United States, South Korea, and Japan have imposed sanctions on North Korean officials connected to the country's weapons programs after Pyongyang's latest and largest intercontinental
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US and Asian allies impose new sanctions on North Korea after intercontinental missile testWASHINGTON: The United States, South Korea, and Japan have imposed sanctions on North Korean officials connected to the country's weapons programs after Pyongyang's latest and largest intercontinental
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Jennifer Garner, John Legend attend lavish US state dinner for France's MacronWASHINGTON : U.S. President Joe Biden rolled out the red carpet on Thursday for celebrities, lawmakers, and titans of industry at the White House's first state dinner in honor of French President Emmanuel Macron.The dinner is the crowning social event of a trip aimed at showing Biden's commitment to Washi
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
'Amazing' goose-necked dinosaur was built like a diving birdWASHINGTON : The expansive dinosaur group that included big predators such as T. rex also was populated by a number of oddballs, weirdos and outcasts. A newly described dinosaur from Mongolia - the size of a goose and looking a bit like one, too - fits that description.The dinosaur, called Natovenator pol Platypus is a living fossil
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US Congress approves Bill to avert major freight rail strikeWASHINGTON: The US Congress passed legislation on Thursday (Dec 1) to avert a freight rail strike that could have been devastating for the economy, intervening to break an impasse between workers and management as the holiday season approaches. The Bill, overwhelmingly approved by the Senate on Thursday af
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Jill Biden to pay homage to Macron with American cheeseWASHINGTON: It's a bold gambit by the Americans, to meet the French in an arena over which they have long been masters par excellence: Wine and cheese. But such is First Lady Jill Biden's sang-froid that she will offer America's best to French President Emmanuel Macron and his entourage at a lavish White H
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »