Ultium Cells — a joint venture between General Motors and LG Energy Solution — is upgrading its Spring Hill, Tennessee, facility to make low-cost EV battery cells. The batteries could be significantly cheaper than those used in other vehicles because they do not require expensive minerals like cobalt and nickel. Ultium Cells Spring Hill, TN. September 2022. Courtesy: Ultium Cells LLC
Ultium Cells, a joint venture between General Motors and LG Energy Solution, said Monday it’s upgrading its facility in Spring Hill, Tennessee, to make low-cost electric vehicle battery cells.
GM said the lithium iron phosphate battery cells — abbreviated LFP based on the elements’ chemical symbols — could be significantly cheaper than battery packs used in some EVs, in part because they don’t require expensive minerals like cobalt and nickel that are used in standard