Report: The Fourth Ultium Cells Battery Plant Might Be Built In Indiana

A new report indicates that Ultium Cells, a joint venture between General Motors and LG Energy Solution, might soon announce the location for its fourth battery gigafactory.

According to Reuters, GM and LG Energy Solution are considering a site in New Carlisle, Indiana. The joint venture had submitted a tax abatement application, which is expected to be approved this month.

"Ultium Cells LLC "is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana," a spokeswoman said, adding that Ultium had submitted a tax abatement application that it hopes will be approved later this month."

The fourth Ultium Cells' factory most likely will be another large investment (potentially over $2 billion, like the previous three plants), bringing a four-digit number of new jobs to the state.

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Details remain unknown, but we can assume that the manufacturing capacity might be at least 35-50 GWh, with the potential for more.

Meanwhile, the first Ultium Cells factory - in Lordstown, Ohio - is expected to start production this month and is actively looking for more workers.

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