According to Governor Eric Holcomb of Indiana, GM is building a new $3 billion EV battery plant in the state in a new joint venture with Samsung SDI. The facility will be its fourth battery plant in the US.
General Motors already has plans for three EV battery factories through a joint venture partnership with LG Energy called Ultium Cells.
Its first, a 2.8 million square ft facility in Warren, Ohio, began producing batteries for the Hummer EV and Cadillac Lyriq last September. GM expanded its partnership, announcing plans for a second similarly sized facility in Spring Hill, Tennessee, next door to where the Lyriq is built.
Production at the second battery plant is scheduled for later this year creating 1,300 new jobs. The third facility, in Lansing, Michigan, is slated to begin production in late 2024 with an annual capacity of 50 GWh.
The partnership expects to have over 130 GWh of EV battery cell capacity when all plants are at full capacity.
(Source: GM)
Although GM and LG were considering a fourth battery plant location in Indiana, people familiar with the matter said talks between the two were on hold “indefinitely” in January after failing to move forward on negotiations.
GM declined to comment but explained, “We’ve been very clear that our plan includes investing in a fourth U.S. cell plant,” suggesting it could be with another partner.
Ultium Cells Warren, Ohio (Source: Ultium Cells)
GM taps Samsung for fourth EV battery factory
Governor Holcomb announced the news on his Twitter, saying:
Happy to announce a joint venture between two landmark companies that will be based here in Indiana. General Motors and Samsung SDI will bring a more than $3 BILLION EV battery cell plant to St. Joseph County, creating 1,700 manufacturing jobs starting in 2026!
Happy to announce a joint venture between two landmark companies that will be based here in #Indiana. General Motors and Samsung SDI will bring a more than $3 BILLION EV battery cell plant to St. Joseph County, creating 1,700 manufacturing jobs starting in 2026! #NextLevelIndianapic.twitter.com/xPJHan8aN9
The new plant will produce nickel-rich prismatic and cylindrical cells and is expected to help “significantly increase the accessibility and affordability of EVs.” Once complete, the plant is expected to have over 30 GWh capacity, bringing GMs total to over 160 GWh.
GM’s CEO Mary Barra commented on the new partnership, saying:
This joint venture and the 1,700 people there will help supply cells for millions of all-electric vehicles for customers across North America. The strong support of local and state leaders in Indiana and the combined resources and expertise of GM and Samsung SDI will help us move faster than we could on our own.
Construction on GMs fourth EV battery plant is set to begin within the next year, supporting over 1,000 new jobs during the build, and is scheduled to start operations in 2026.
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The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.
UPDATE: telematics announcement.
Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.
XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?
Easy in, easy out
XCMG battery swap crane; via Etrucks New Zealand.
The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.
“XCMG remains committed to advancing engineering technology to empower a sustainable future. Our mission is to deliver efficient, intelligent, and eco-friendly lifecycle solutions for global clients,” said Mr. Yang Dongsheng, Chairman of XCMG Group and XCMG Machinery. “Today, 19% of our product portfolio comprises green innovations under our ‘Green Mountain’ new energy line, with full electrification across all series underway.”
On today’s troubling episode of Quick Charge, we explore all the troubles befalling Tesla (and TSLA stock) in the month April – with top executives fleeing the ship, demand plummeting, sales slipping, government incentives at home and abroad under threat, and a raft of receipts brought on by an OpenAI lawsuit hitting the brand, it’s already a bad month for Elon … and there’s still 20 more days to go!
None of this even touches on the $43 million “backlogged” rebate scandal Tesla’s facing in Canada that’s being blamed for people’s negative attitudes about the brand (ha!) or the fact that neither the long-promised Roadster 2.0 or the Tesla Semi will see production anytime this year, either.
The word you’re looking for when you think of Tesla these days is, “cooked.”
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Renewable developer Vesper Energy has cut the ribbon on Hornet Solar in Swisher County, Texas, one of the largest single-phase solar farms in the US.
As Electrek reported in January, the 600-megawatt (MW) Hornet Solar includes over 1.36 million modules covering more than 6 square miles. The project will contribute more than $100 million in new tax revenue to Swisher County and deliver 600 MWac of energy–enough to power 160,000 homes annually.
January 30, 2025: “The seamless coordination between our team and our EPC partner, Blattner, has enabled us to remain ahead of schedule and on budget while ensuring quality throughout the process,” said Juan Suarez, co-CEO of Irving-based Vesper Energy.
Hornet Solar uses bifacial solar panels mounted on a single-axis tracking system to maximize efficiency. The solar farm is connected to Oncor Electric’s transmission system within ERCOT and is contracted to provide power to four off-take partners through individual Virtual Power Purchase Agreements (VPPAs).
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The Hornet Solar project in the Texas Panhandle is on track to be fully online by spring 2025.
Texas is a utility-scale solar leader in the US, with a ranking of No. 2 and 37,713 MW currently installed. It’s projected to install 51,144 MW over the next five years and move into the No. 1 spot, according to the Solar Energy Industries Association (SEIA). The total solar investment in the state is $45.2 billion.
On January 21, the SEIA, Conservative Texans for Energy Innovation (CTEI), Advanced Power Alliance (APA), and the Texas Solar + Storage Association (TSSA) reported that existing and expected utility-scale solar, wind, and battery storage projects will contribute over $20 billion in total tax revenue – and pay Texas landowners $29.5 billion – over the projects’ lifetimes.
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