GM, LG Energy Solution Considering Indiana For Fourth U.S. Battery Plant

GM, LG Energy Solution Considering Indiana For Fourth U.S. Battery Plant

WASHINGTON (Reuters) – General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies’ joint venture said on Thursday.

Ultium Cells LLC “is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana,” she said, adding that Ultium had submitted a tax abatement application.

Production at Ultium’s first U.S battery cell plant in Ohio is set to begin later this month.

(Reporting by David Shepardson; Editing by Sandra Maler)