HomeNewsWorldGeneral Motors, LG Energy Solution considering Indiana for fourth US battery plant

General Motors, LG Energy Solution considering Indiana for fourth US battery plant

Ultium Cells LLC "is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana," she said, adding that Ultium had submitted a tax abatement application.

August 19, 2022 / 06:29 IST
General Motors

General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said on Thursday.

Ultium Cells LLC "is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana," she said, adding that Ultium had submitted a tax abatement application.

Production at Ultium's first U.S battery cell plant in Ohio is set to begin later this month.

Reuters
first published: Aug 19, 2022 06:29 am

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