Ultium Cells Spring Hill battery cell plant expansion — capacity boost from 35 GWh to 50 GWh (+40%)
Ultium Cells announces $275M expansion of Spring Hill TN battery cell plant — capacity from 35 GWh to 50 GWh (+40%). Adds to base $2.3B announced 2021. Total project $2.575B. Plant opens late 2023; supplies Cadillac LYRIQ + GM Ultium Platform vehicles. 1,700 employees fully operational.
$275M
Deal Value
50,000MWh
Storage
Battery Storage
Technology
TN
Location
Deal Details
- Deal Type
- Manufacturing Investment
- Seller / Sponsor
- Ultium Cells LLC (GM + LG Energy Solution JV)
- Buyer / Financier
- Ultium Cells
- Deal Value
- $275M (additional, on top of $2.3B base — total $2.575B)
- Stage
- Construction
- ISO/RTO
- TVA
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