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LG Chem to invest $3.2B to build NCMA cathode plant in Tennessee; 120,000 tpa

Green Car Congress

LG Chem today has signed a memorandum of understanding (MOU) with the state of Tennessee to establish a new cathode manufacturing facility in Clarksville with an investment of US$3.2 million pure electric vehicles with a range of 310 miles (500 km) per charge. billion) in 2022 to KRW 20 trillion (US$14.7 billion) by 2027.

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LG Chem plans $3B EV battery material plant in Tennessee

Green Car Reports

LG Chem announced Tuesday that it’s planning a mammoth cathode material plant in Tennessee that will aid U.S. domestic electric vehicle battery production. and once running at capacity it will be able to produce 120,000 tons of the cathode battery material—enough.

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DOE: EV battery manufacturing capacity in N America in 2030 projected to be nearly 20 times greater than in 2021

Green Car Congress

A wave of new planned electric vehicle battery plants will increase North America’s battery manufacturing capacity from 55 Gigawatt-hours per year (GWh/year) in 2021 to 998 GWh/year by 2030, according to the US Department of Energy (DOE). To optimize supply chain logistics, many battery plants will be co-located with automotive plants.

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DOE announces $2.5B loan to Ultium Cells for three US battery cell manufacturing facilities

Green Car Congress

billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. The announcement marks LPO’s first closed loan exclusively for a battery cell manufacturing project under the Advanced Technology Vehicles Manufacturing (ATVM) program.

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Report: GM planning second US battery plant with LG in Tennessee

Green Car Reports

General Motors is reportedly making plans with the South Korean battery supplier LG Chem for a second joint U.S. battery plant—this one in Tennessee. According to Reuters, confirming multiple sources familiar with the plans on Wednesday, the $2.3 billion factory potentially being announced Friday would be in Spring Hill.

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Piedmont Lithium selects Tennessee for second lithium hydroxide project; 30,000 metric tons per year

Green Car Congress

Piedmont Lithium has ( earlier post ) selected Etowah, Tennessee as the location of the company’s planned 30,000 metric ton per year (tpy) LHP­2 lithium hydroxide operation (“Tennessee Lithium”). Conceptual design of the 30,000 TPY Tennessee Lithium plant. Planned completion and start of production is in 2025.

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Magna to invest $790M to build three facilities in Tennessee; supporting Ford BlueOval City

Green Car Congress

Magna International will invest more than $790 million to build the first two supplier facilities at Ford’s BlueOval City supplier park in Stanton, Tennessee. In addition to the two West Tennessee locations, Magna will also build a stamping and assembly facility in Lawrenceburg, Tennessee.

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