{"id":29702,"date":"2022-08-20T12:03:52","date_gmt":"2022-08-20T16:03:52","guid":{"rendered":"https:\/\/autosector.com\/?p=29702"},"modified":"2022-08-20T12:03:52","modified_gmt":"2022-08-20T16:03:52","slug":"fourth-ultium-cells-battery-plant-indiana","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=29702","title":{"rendered":"Report: The Fourth Ultium Cells Battery Plant Might Be Built In Indiana"},"content":{"rendered":"<p>A new report indicates that Ultium Cells, a joint venture between General Motors and LG Energy Solution, might soon announce the location for its fourth battery gigafactory.<\/p>\n<p>According to <em>Reuters<\/em>, GM and LG Energy Solution are considering a site in New Carlisle, Indiana. The joint venture had submitted a tax abatement application, which is expected to be approved this month.<\/p>\n<blockquote readability=\"10\">\n<p>&#8220;Ultium Cells LLC &#8220;is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana,&#8221; a spokeswoman said, adding that Ultium had submitted a tax abatement application that it hopes will be approved later this month.&#8221;<\/p>\n<\/blockquote>\n<p>The fourth Ultium Cells&#8217; factory most likely will be another large investment (potentially over $2 billion, like the previous three plants), bringing a four-digit number of new jobs to the state.<\/p>\n<p>Details remain unknown, but we can assume that the manufacturing capacity might be at least 35-50 GWh, with the potential for more.<\/p>\n<p>Meanwhile, the first Ultium Cells factory &#8211; in Lordstown, Ohio &#8211; is expected to start production this month and is actively looking for more workers.<\/p>\n<section class=\"trinity-skip-it\" contenteditable=\"false\" draggable=\"true\" data-widget=\"video\" data-url-params=\"\"><img decoding=\"async\" class=\"sizer\" draggable=\"false\" src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAYAAAA7KqwyAAAAGXRFWHRTb2Z0d2FyZQBBZG9iZSBJbWFnZVJlYWR5ccllPAAAABpJREFUeNpi\/P\/\/PwMlgImBQjBqwLAwACDAAOVfAw9\/ZDvcAAAAAElFTkSuQmCC\" alt=\"\"\/> <\/p>\n<p><iframe frameborder=\"0\" height=\"315\" width=\"560\" data-src=\"https:\/\/www.youtube.com\/embed\/jtpvnIay-L0\" data-src-param=\"\">[embedded content]<\/iframe><\/p>\n<\/section>\n<p>The plant in Spring Hill, Tennessee is under construction (<a href=\"https:\/\/insideevs.com\/news\/590979\/ultium-cells-steel-building-structure-tennessee\/\">the main steel structure has been completed in June<\/a>), while the site in Lansing, Michigan, announced in January, is just starting construction.<\/p>\n<p>With all plants online, General Motors should easily exceed 100 GWh of annual lithium-ion battery cell production, which will be crucial for the ramp-up of the Ultium-based electric vehicles.<\/p>\n<p>GM&#8217;s efforts to build battery plants might be supported by a loan, granted by the federal government. In July, <a href=\"https:\/\/insideevs.com\/news\/600501\/ultium-cells-get-2500-million-usd-loan-from-us-departament-energy\/\">the US Department of Energy (DOE) announced that intends to offer a $2.5 billion loan o Ultium Cells<\/a> to help finance the construction of battery cell manufacturing plants in Ohio, Tennessee, and Michigan (<a href=\"https:\/\/www.energy.gov\/lpo\/articles\/lpo-offers-conditional-commitment-loan-build-new-ev-battery-cell-manufacturing\" target=\"_blank\" rel=\"noopener noreferrer\">see official details here<\/a>).<\/p>\n<p>Overall, GM is gradually progressing on the electrification path. The company has a six-digit number of reservations for its all-new electric models (including 150,000 Chevrolet Silverado EV and 80,000 GMC Hummer EVs) and a growing number of new models launched or in the pipeline (like Cadillac Lyriq, Chevrolet Blazer EV and Chevrolet Equinox EV to name just a few).<\/p>\n<section class=\"relatedContent-new trinity-skip-it\" contenteditable=\"false\" draggable=\"true\" data-widget=\"related-content\" data-widget-size=\"content\" data-params=\"%7B%22type_id%22%3A0%2C%22title_id%22%3A%22%22%2C%22items%22%3A%5B%7B%22article_edition_id%22%3A%22601058%22%2C%22title%22%3A%22GM%3A%20We%20Have%20Over%20150%2C000%20Reservations%20For%20Chevrolet%20Silverado%20EV%22%2C%22alias%22%3A%22gm-150000-reservations-chevrolet-silverado-ev%22%2C%22section%22%3A%221%22%2C%22is_video%22%3A%220%22%2C%22images%22%3A%7B%22s5%22%3A%22https%3A%2F%2Fcdn.motor1.com%2Fimages%2Fmgl%2F0ee9Mm%2Fs5%2Fchevrolet-silverado-ev.jpg%22%7D%7D%2C%7B%22article_edition_id%22%3A%22599791%22%2C%22title%22%3A%22Ford%20Secured%20Battery%20Contracts%20For%20Mass%20Electrification%2C%20Adds%20LFP%20Chemistry%22%2C%22alias%22%3A%22ford-secured-battery-contracts-lfp-chemistry%22%2C%22section%22%3A%221%22%2C%22is_video%22%3A%220%22%2C%22images%22%3A%7B%22s5%22%3A%22https%3A%2F%2Fcdn.motor1.com%2Fimages%2Fmgl%2FlEE0el%2Fs5%2F600-000-ev-production-run-rate---expected-run-rate-by-late-2023.jpg%22%7D%7D%5D%7D\">   <\/section>\n<section class=\"trinity-skip-it\" contenteditable=\"false\" draggable=\"true\" data-widget=\"video_mstv\"><img decoding=\"async\" class=\"sizer\" draggable=\"false\" src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAYAAAA7KqwyAAAAGXRFWHRTb2Z0d2FyZQBBZG9iZSBJbWFnZVJlYWR5ccllPAAAABpJREFUeNpi\/P\/\/PwMlgImBQjBqwLAwACDAAOVfAw9\/ZDvcAAAAAElFTkSuQmCC\" alt=\"\"\/>  <\/section>\n","protected":false},"excerpt":{"rendered":"<p>A new report indicates that Ultium Cells, a joint venture between General Motors and LG Energy Solution, might soon announce the location for its fourth battery gigafactory. According to Reuters, GM and LG Energy Solution are considering a site in New Carlisle, Indiana. The joint venture had submitted a tax abatement application, which is expected [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-29702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/29702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29702"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/29702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29702"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}