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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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LG Energy Solution and Honda break ground for new JV EV battery plant in Ohio

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Honda and LG Energy Solution held the official groundbreaking ceremony for a new joint venture EV battery plant more than 2 million square feet in size, to be located in Fayette County, near Jeffersonville, Ohio—about 40 miles southwest of Columbus. Earlier post.) The two companies have committed to invest $3.5

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Honda investing $700M in three Ohio plants to retool for EVs; with LG gigafactory, Ohio becomes Honda EV hub

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Honda will invest $700 million to re-tool several of its existing auto and powertrain plants in Ohio for production of electric vehicles. Honda’s EV hub will leverage the company’s longstanding production, product development, and purchasing operations located in Central Ohio. Combined withe the $3.5-billion

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Honda Anna Engine Plant produces 30-millionth engine; retooling to add battery module casings production

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Honda celebrated production of the 30-millionth engine built at the company’s Anna Engine Plant in Ohio with the production of the newly refined 2.0-liter While Honda initially indicated production would start in 2026, in April, Honda announced that it will pull forward EV production in Ohio to 2025. Earlier post.)

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GM, LG Chem to form JV, invest $2.3B to build new EV battery cell plant in Ohio

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General Motors and LG Chem are partnering to mass-produce battery cells for future battery-electric vehicles. The JV will establish a battery cell assembly plant on a greenfield manufacturing site in the Lordstown area of Northeast Ohio that will create more than 1,100 new jobs.

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Li-Cycle expands partnership with Ultium Cells; co-locating recycling facility in Ohio plant

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Li-Cycle will operate its sixth and largest lithium-ion battery recycling Spoke facility co-located at the Ultium Cells battery cell manufacturing mega-factory site in Warren, Ohio. Ultium Cells is a joint venture between General Motors and LG Energy Solution.

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American Battery Solutions wins $166-million DOE loan to expand Ohio and Michigan EV battery plants – Charged EVs

Baua Electric

The DOE has offered American Battery Solutions (ABS) a $165.9-million million loan under the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program. The company plans to use the funds to expand its battery pack assembly facilities in Springboro, Ohio and Lake Orion, Michigan.

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