Financial incentives, a skilled workforce, cooperation with universities and research institutions, and strategic partnerships helped bring the Norwegian company’s $400M automated gigawatt electrolyzer manufacturing facility to Michigan.
General Motors will invest in four U.S. facilities for V-8 engine production, electric vehicle components, bringing its manufacturing facility investments to more than $37B since 2013.
The 2022 Deal of the Year Impact Awards recognize project investments that will have significant impact in their new or expanded locations, focusing on a specific aspect of the project.
LG Energy Solution, GM joint venture will invest another $275 million to expand its battery cell manufacturing plant in Spring Hill, TN adding to the $2.3 billion initial investment.
To be built by Ultium Cells LLC in Ohio, Tennessee, Michigan, the three new lithium-ion (Li-ion) battery cell manufacturing facilities are expected to create 5,100 jobs at full capacity.
GM and POSCO Chemical building $400M cathode active material (CAM) plant to support electric vehicle supply chain; Canadian leaders support installation of EV chargers in Ontario.