• Sun. Dec 10th, 2023

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Ultium Cells project in Delta Township part of $2.5 billion federal loan

A rendering of the 2.8 million-square-foot future Ultium Cells battery cell plant in Delta Township.

LANSING – The U.S. Department of Energy has closed a $2.5 billion loan that will help finance the construction of Ultium Cells LLC battery cell manufacturing facilities, including one in the Lansing area that is expected to employ more than 1,700 workers.

The U.S. Department of Energy announced Monday that the loan was finalized through its Loan Programs Office to finance the construction of Ultium Cells facilities in Michigan, Ohio and Tennessee, according to the federal agency’s press release.

An unspecified amount of that loan funding will be awarded to a future $2.6 billion Ultium Cells plant being constructed in Delta Township.

The Ultium Cells company, which is a joint venture between General Motors Co. and LG Energy Solutions Michigan Inc., broke ground on the project in May and has started steel construction at the site. Upon completion, it is expected to span 2.8 million square feet and employ about 1,700 workers in high-tech jobs.

Construction of the facility includes an additional 2,000 construction jobs, according to the press release. Officials expect to complete construction and start production in late 2024.

Ultium Cells battery cell manufacturing facility construction site on Monday, Dec. 12, 2022, in Delta Township.

The battery cells produced at the plant will be used primarily in Chevrolet’s line of electric vehicles, including the Silverado EV and the GMC Sierra EV.

The Department of Energy’s $2.5 billion loan is part of President Joe Biden’s American Battery Materials Initiative announced in October alongside $2.8 billion in Department of Energy grants to build out the supply chain for battery minerals and material supplies, according to the press release.


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