Overview

• Ultium Cells will retool a portion of its Spring Hill plant to add lithium iron phosphate battery lines alongside existing nickel-cobalt-manganese-aluminum production.
• Cell line conversion is scheduled to start later this year, targeting the first commercial LFP output by late 2027.
• Lithium iron phosphate cells eliminate the need for cobalt and nickel, promising lower material costs and improved safety for electric vehicle batteries.
• The upgrade builds on the original $2.3 billion investment made in 2021, with no additional funding amount disclosed for the project.
• About 1,300 unionized employees at Spring Hill, who approved their first UAW contract earlier this year, will staff the new production lines.