On Friday, Normal Motors and LG Chem are anticipated to announce a brand new $2.3 billion battery manufacturing unit to be positioned in Spring Hill, Tennessee, say experiences from Nikkei, Reuters, and AP. It might be the second US battery three way partnership for the American and South Korean giants, after the pair first introduced a $2.3 billion battery cell manufacturing plant in Lordstown, Ohio again in 2019.
The Spring Hill batteries shall be used for the Cadillac Lyriq electrical SUV, say sources talking to Reuters. GM already introduced that Lyriq shall be powered by GM’s new scalable battery architecture called Ultium. Batteries primarily based on Ultium would provide energy starting from 50 to 200 kWh that would permit for a driving vary of 400 miles or extra. The Cadillac Lyriq…
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