General Motors and LG Energy Solution are set to resume battery cell production at their joint plant in Ohio, USA, after a pause of around seven months. The production restart is slated for next week, with the initial focus on supplying cells for GM's electric vehicles.
Key Insights
The decision to restart production comes as the partners increasingly focus on developing stationary battery storage systems, with a recent $70 million investment in Tennessee. In the future, the joint plant aims to produce cells for both stationary storage systems and electric vehicles, marking a significant expansion of their production capabilities.
