LFP, General Motors and Ultium Cells
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General Motors is building a U.S.-based EV supply chain, investing in LFP batteries, and defending margins despite tariffs. Read why I think GM is built to last.
GM is now doubling down on affordable electric vehicles as their Ultium Cells plant in Spring Hill, Tennessee will be upgraded to produce “low-cost” lithium iron phosphate batteries. Work will begin later this year and production is scheduled to start in late 2027.
GM has confirmed production of lithium-iron phosphate (LFP) batteries at its Spring Hill, Tennessee plant. That should mean “significant cost savings.”