Stefan Mileschin

GM and LG are building a third Ultium factory in the US. The $2.6 billion plant in Lansing, Michigan will make batteries for GM’s electric vehicles.

Ultium Cells, a joint venture between the companies, expects to create 1,700 manufacturing jobs at the plant, which is projected to open in late 2024. At full production, Ultium expects the factory to have a battery cell capacity of 50 gigawatt hours, and it will be able to adapt to advancements in materials and tech. Construction is underway on Ultium's other battery manufacturing sites in Tennessee and Ohio.

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