LG Energy-GM JV starts ESS battery cell production amid EV slowdown
Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. Ultium Cells LLC, the joint venture between LGES and GM, temporarily halted operations at its first plant in Ohio and its second plant in Tennessee in January due to slowing demand for electric vehicles (EVs). To better utilize the facilities, the company announced in March that it would invest 106.1 billion won (US$70 million) in the Tennessee plant to convert part of its EV battery production lines into ESS battery production lines, with production beginning in the second quarter.
- ▪Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied.
- ▪Ultium Cells LLC, the joint venture between LGES and GM, temporarily halted operations at its first plant in Ohio and its second plant in Tennessee in January due to slowing demand for electric vehicles (EVs).
- ▪To better utilize the facilities, the company announced in March that it would invest 106.1 billion won (US$70 million) in the Tennessee plant to convert part of its EV battery production lines into ESS battery production lines, with produc
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Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. OK LG Energy-GM JV starts ESS battery cell production amid EV slowdown Choi Kyong-ae All News 14:59 July 08, 2026 This will let Google show Yonhap news articles that match or are related to your search Add Yonhap as a preferred source on Google SHARE Facebook X Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. LIKE SAVE PRINT FONT SIZE ABCDEFG ABCDEFG ABCDEFG ABCDEFG ABCDEFG SEOUL, July 8 (Yonhap) -- LG Energy Solution Ltd. (LGES), South Korea's leading battery maker, said Wednesday it has begun producing lithium iron phosphate (LFP) battery cells for energy storage systems (ESSs) at one of its two joint venture plants with General Motors Co.
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