LG’s $2 Billion lansing battery plant is now building cells
LG Energy Solution began production on Tuesday at its $2bn Lansing plant, which was originally a GM joint venture before GM sold its stake in December 2024. It will make cells for Toyota’s 2027 Highlander EV and, from next year, for Tesla’s Megapack 3.
The battery plant General Motors walked away from opened on Tuesday. LG Energy Solution has started production in Lansing, Michigan, at a site GM helped design, part-funded with state money, then sold.
It was meant to be half GM’s. The plan was a $2.6bn Ultium Cells joint venture, and GM accepted roughly $600mn in Michigan state incentives for the project in 2022.
GM sold its stake in December 2024 and dropped its plans to build electric cars in Lansing. The state funding transferred to LG along with the building, while GM has since put $900mn into its own chemistry elsewhere.
What opened this week is...
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