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GM-LG battery plant in Ohio to restart EV cell production
๐Ÿ‡ธ๐Ÿ‡ฌ Singapore /Economy & Trade

GM-LG battery plant in Ohio to restart EV cell production

From CNA · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • A joint venture battery plant owned by General Motors and LG Energy Solution in Ohio will restart production next week.
  • The factory had been shut down for seven months due to decreased consumer demand for electric vehicles.
  • Other related ventures include a plant in Tennessee making energy storage batteries and a deal for Samsung SDI to purchase GM's stake in an Indiana plant.

Production is set to resume next week at a battery cell factory in northeast Ohio, a joint venture between General Motors and LG Energy Solution. The Ultium Cells plant had ceased operations for seven months, beginning in January, attributed to a decline in consumer demand for electric vehicles.

Tom Gallagher, vice president of operations for Ultium, confirmed that a majority of the workers laid off during the shutdown will return to their positions. By next week, the facility will have 1,400 employees working on battery production.

This restart comes amid shifts in the companies' broader battery manufacturing strategy. The other joint venture plant, located in Tennessee, has transitioned from producing EV batteries to manufacturing energy storage system batteries. Additionally, battery manufacturer Samsung SDI recently purchased GM's stake in a separate joint venture that was developing an EV battery cell plant in Indiana.

DistantNews Editorial

Originally published by CNA in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.