GM And LG Chem Plan $2.3 Billion Electric Battery Venture In Ohio
The project is centered around Lordstown, Ohio, where GM shuttered a plant last March that had produced the Chevrolet Cruze. The new plant in the Lordstown area will make battery cells for GM's upcoming all-electric vehicles, from a Cadillac sedan to a new electric truck that's slated for release in late 2021. GM recently sold its idled Cruze plant to a company called Lordstown Motors, which plans to produce electric pickup trucks at the facility, as member station WCBE reported. The new venture will pair GM's manufacturing know-how with LG Chem's battery-cell technology, says GM Chairman and CEO Mary Barra. Construction on the facility will begin in the summer of 2020, the companies say.
The project is centered around Lordstown, Ohio, where GM shuttered a plant last March that had produced the Chevrolet Cruze. The new plant in the Lordstown area will make battery cells for GM's upcoming all-electric vehicles, from a Cadillac sedan to a new electric truck that's slated for release in late 2021. GM recently sold its idled Cruze plant to a company called Lordstown Motors, which plans to produce electric pickup trucks at the facility, as member station WCBE reported. The new venture will pair GM's manufacturing know-how with LG Chem's battery-cell technology, says GM Chairman and CEO Mary Barra. Construction on the facility will begin in the summer of 2020, the companies say.