Normal Motors and Samsung SDI introduced their plan to take a position greater than $3 billion to construct a brand new battery cell manufacturing plant in the US that’s focused to start operations in 2026.
The plant may have greater than 30 GWh of capability and can carry GM’s whole U.S. battery cell capability to about 160 GWh when it’s at full manufacturing.
The businesses plan to collectively function the power, and it’s projected to have manufacturing traces to construct nickel-rich prismatic and cylindrical cells.
“GM’s provide chain technique for EVs is concentrated on scalability, resiliency, sustainability and cost-competitiveness. Our new relationship with Samsung SDI will assist us obtain all these aims,” mentioned GM Chair and CEO Mary Barra. “The cells we are going to construct collectively will assist us scale our EV capability in North America properly past 1 million models yearly.”
“It’s a nice pleasure to take the very first step to create a long-term industry-leading partnership with GM within the U.S. EV market,” remarked Samsung SDI President and CEO Yoon-ho Choi. “We’ll do our greatest to supply the merchandise that includes the very best ranges of security and high quality produced with our unrivalled applied sciences to assist GM strengthen its management within the EV market.”
In line with Doug Parks, GM govt vice chairman, International Product Growth, Buying and Provide Chain, the brand new three way partnership with Samsung SDI will leverage the capital and know-how of each firms to create new aggressive benefits for GM.
“We’ll proceed to scale manufacturing and optimize the chemistry of our pouch cells for efficiency, vary and value utilizing new approaches pioneered at GM’s Wallace Battery Middle and by our know-how companions,” he mentioned. “The introduction of latest cell type components will enable us to broaden into much more segments extra shortly and combine cells instantly into battery packs to scale back weight, complexity and prices. With a number of robust cell companions, we are able to scale our EV enterprise sooner than we might going it alone.”
The Ultium Platform was strategically designed to simply accept a number of cell type components and chemistries. For instance, in China, the Cadillac LYRIQ is powered by prismatic cells utilized to the identical battery packs used within the U.S.
GM and Samsung SDI will not be saying the placement of the plant or employment projections at the moment, nonetheless, the variety of new jobs in building and operations are anticipated to quantity within the 1000’s. As buyer demand for EVs rises, GM will proceed to scale its provide chain and operations, together with cell manufacturing and automobile meeting.
Apr 26, 2023