{"id":48191,"date":"2023-04-25T12:03:25","date_gmt":"2023-04-25T16:03:25","guid":{"rendered":"http:\/\/autosector.com\/?p=48191"},"modified":"2023-04-25T12:03:25","modified_gmt":"2023-04-25T16:03:25","slug":"1139472_3b-gm-samsung-battery-plant-might-enable-electric-corvette-camaro","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=48191","title":{"rendered":"$3B GM-Samsung battery plant might enable electric Corvette, Camaro"},"content":{"rendered":"<p dir=\"ltr\">GM and Samsung SDI announced Tuesday that they will form a joint venture for battery production.\u00a0<\/p>\n<p dir=\"ltr\">In a release, the companies made clear that this joint venture, starting with more than $3 billion, won\u2019t initially be making batteries directly replacing or augmenting the brand\u2019s Ultium cell strategy that it developed with LG.\u00a0<\/p>\n<p><span id=\"static-marker-video-player-primis\"\/><\/p>\n<p dir=\"ltr\">The new plant, according to the companies\u2019 announcement, will make \u201chigh-performing, nickel-rich prismatic and cylindrical batteries that will be exclusively supplied for GM\u2019s upcoming electric vehicles.\u201d That\u2019s markedly different than the very large-format pouch cells championed, for economies of scale, by the three Ultium Cells LLC plants GM already has in the works, with the help of a <a href=\"https:\/\/www.greencarreports.com\/news\/1138120_doe-loan-battery-venture-backs-gm-ultium-ev-plan\" target=\"_blank\" rel=\"noopener\">$2.5 billion federal loan<\/a>.\u00a0<\/p>\n<div class=\"image_wrapper first_wrapper\" readability=\"7\"><img fetchpriority=\"high\" decoding=\"async\" name=\"tccimg_100747158_m\" title=\"GM Ultium battery - cell stacking\" src=\"data:image\/png;base64,R0lGODlhAQABAAD\/ACwAAAAAAQABAAACADs=\" alt=\"GM Ultium battery - cell stacking\" width=\"640\" height=\"354\" class=\"first_image lazy\" data-width=\"1024\" data-height=\"566\" data-url=\"https:\/\/images.hgmsites.net\/lrg\/gm-ultium-battery--cell-stacking_100747158_l.jpg\" data-src-h=\"https:\/\/images.hgmsites.net\/hug\/gm-ultium-battery--cell-stacking_100747158_h.jpg\" data-src=\"https:\/\/images.hgmsites.net\/lrg\/gm-ultium-battery--cell-stacking_100747158_l.jpg\" data-src-l=\"https:\/\/images.hgmsites.net\/lrg\/gm-ultium-battery--cell-stacking_100747158_l.jpg\" data-src-m=\"https:\/\/images.hgmsites.net\/med\/gm-ultium-battery--cell-stacking_100747158_m.jpg\" data-src-s=\"https:\/\/images.hgmsites.net\/sml\/gm-ultium-battery--cell-stacking_100747158_s.jpg\"\/><\/p>\n<p>GM Ultium battery &#8211; cell stacking<\/p>\n<\/div>\n<p dir=\"ltr\">Cylindrical cells, for instance, could be much easier to integrate within lower-profile vehicles, versus those large-format pouch cells\u2014making them prime candidates for low-slung electric performance cars or sporty, aerodynamically effective sedans. GM has confirmed a future <a href=\"https:\/\/www.greencarreports.com\/news\/1135690_gm-confirms-future-electric-corvette-hybrid-corvette-due-2023\" target=\"_blank\" rel=\"noopener\">electric Corvette<\/a>, and such an arrangement might be feasibly extended to an <a href=\"https:\/\/www.motorauthority.com\/news\/1139140_sixth-generation-chevy-camaro-done-after-2024\" target=\"_blank\" rel=\"noopener\">electric Camaro replacement<\/a>\u2014one that might pass muster with strict North American materials-sourcing requirements.<\/p>\n<p dir=\"ltr\">The new factory, once ramped up, will have a capacity of more than 30 gigawatt-hours. Mass production there will start in 2026.\u00a0<\/p>\n<p dir=\"ltr\">The diversification in format isn\u2019t a surprise. GM in January underscored that the Ultium platform itself is chemistry-agnostic and that pouch, prismatic, or <a href=\"https:\/\/www.greencarreports.com\/news\/1138636_gm-ceo-flexible-on-battery-cells-in-ev-ramp\" target=\"_blank\" rel=\"noopener\">cylindrical cells can be compatible<\/a>. GM is already using prismatic cells in several Ultium-based vehicles for China\u2014including the Chinese-market Cadillac Lyriq.\u00a0<\/p>\n<div class=\"image_wrapper\" readability=\"7\"><img decoding=\"async\" name=\"tccimg_100867197_m\" title=\"Chevrolet FNR-XE Concept - GM China\" src=\"data:image\/png;base64,R0lGODlhAQABAAD\/ACwAAAAAAQABAAACADs=\" alt=\"Chevrolet FNR-XE Concept - GM China\" width=\"640\" height=\"478\" data-width=\"1024\" data-height=\"765\" data-url=\"https:\/\/images.hgmsites.net\/lrg\/chevrolet-fnr-xe-concept--gm-china_100867197_l.jpg\" data-src-h=\"https:\/\/images.hgmsites.net\/hug\/chevrolet-fnr-xe-concept--gm-china_100867197_h.jpg\" data-src=\"https:\/\/images.hgmsites.net\/lrg\/chevrolet-fnr-xe-concept--gm-china_100867197_l.jpg\" data-src-l=\"https:\/\/images.hgmsites.net\/lrg\/chevrolet-fnr-xe-concept--gm-china_100867197_l.jpg\" data-src-m=\"https:\/\/images.hgmsites.net\/med\/chevrolet-fnr-xe-concept--gm-china_100867197_m.jpg\" data-src-s=\"https:\/\/images.hgmsites.net\/sml\/chevrolet-fnr-xe-concept--gm-china_100867197_s.jpg\" class=\"lazy\"\/><\/p>\n<p>Chevrolet FNR-XE Concept &#8211; GM China<\/p>\n<\/div>\n<p dir=\"ltr\">GM also this morning confirmed that, as its Orion Assembly in Michigan <a href=\"https:\/\/www.greencarreports.com\/news\/1134832_report-gm-plans-more-michigan-ev-assembly-battery-plant\" target=\"_blank\" rel=\"noopener\">transitions to electric trucks<\/a>, the <a href=\"https:\/\/www.greencarreports.com\/news\/1139467_gm-to-discontinue-chevy-bolt-ev-bolt-euv-at-end-of-2023\" target=\"_blank\" rel=\"noopener\">Chevrolet Bolt EV and EUV will be discontinued<\/a> at the end of 2023. GM and Honda are working together on a shared replacement <a href=\"https:\/\/www.greencarreports.com\/news\/1135501_gm-and-honda-expand-partnership-with-range-of-affordable-evs-expected-by-2027\" target=\"_blank\" rel=\"noopener\">architecture for affordable EVs<\/a> that will underpin the Bolt\u2019s replacement and use \u201cnext-generation Ultium battery technology,\u201d according to GM, but that appears to be unrelated to this announcement.\u00a0<\/p>\n<div class=\"image_wrapper\"><img decoding=\"async\" name=\"tccimg_100786463_m\" title=\"2022 Chevrolet Bolt EUV\" src=\"data:image\/png;base64,R0lGODlhAQABAAD\/ACwAAAAAAQABAAACADs=\" alt=\"2022 Chevrolet Bolt EUV\" width=\"640\" height=\"360\" data-width=\"1024\" data-height=\"576\" data-url=\"https:\/\/images.hgmsites.net\/lrg\/2022-chevrolet-bolt_100786463_l.jpg\" data-src-h=\"https:\/\/images.hgmsites.net\/hug\/2022-chevrolet-bolt_100786463_h.jpg\" data-src=\"https:\/\/images.hgmsites.net\/lrg\/2022-chevrolet-bolt_100786463_l.jpg\" data-src-l=\"https:\/\/images.hgmsites.net\/lrg\/2022-chevrolet-bolt_100786463_l.jpg\" data-src-m=\"https:\/\/images.hgmsites.net\/med\/2022-chevrolet-bolt_100786463_m.jpg\" data-src-s=\"https:\/\/images.hgmsites.net\/sml\/2022-chevrolet-bolt_100786463_s.jpg\" class=\"lazy\"\/><\/p>\n<p>2022 Chevrolet Bolt EUV<\/p>\n<\/div>\n<p>According to reports, the new joint-venture facility will replace a fourth from Ultium Cells, the GM joint venture with LG. AP specifically reports that the flawed Chevrolet Bolt batteries behind its fire-related recall <a href=\"https:\/\/apnews.com\/article\/gm-samsung-korea-battery-c9a0c619100fe102ffe3c074ae33f746\" target=\"_blank\" rel=\"noopener\">had a role in that<\/a> decision\u2014even though <a href=\"https:\/\/www.greencarreports.com\/news\/1133853_lg-will-pay-gm-1-9b-for-chevy-bolt-ev-battery-recall\" target=\"_blank\" rel=\"noopener\">LG reimbursed GM<\/a> about $1.9 billion for the issue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GM and Samsung SDI announced Tuesday that they will form a joint venture for battery production.\u00a0 In a release, the companies made clear that this joint venture, starting with more than $3 billion, won\u2019t initially be making batteries directly replacing or augmenting the brand\u2019s Ultium cell strategy that it developed with LG.\u00a0 The new plant, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48192,"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 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