GM, LG Energy Solution Considering Indiana for Fourth US Battery Plant
WASHINGTON—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 that it hopes will be approved later this month.
Production at Ultium’s first U.S battery cell plant in Warren, Ohio is set to begin later this month. The companies announced the $2.3 billion plant in 2019….