Key Points
- đ§ General Motors has delayed the opening of its Ultium Cell production plant in Tennessee due to construction delays.
- đ The Ultium project aims to enable a new platform of EVs for GM, increasing affordability and charging times while enhancing vehicle longevity.
- đź GM is planning to increase starting wages for production operators and quality inspectors at the Spring Hill plant.
- âď¸ The Spring Hill plant is expected to come online in early 2024, increasing the availability of Ultium cells for various GM models.
- đ Several GM models currently utilize Ultium cells, and more future vehicles are set to operate under the Ultium platform, expanding GM’s EV offerings.
General Motors has delayed the opening of its Ultium Cell production plant in Tennessee due to construction delays. The automaker noted in its Q3 Earnings Call earlier this week that it would push back the opening, which was scheduled to take place before the end of 2023.
GMâs Ultium project will enable a new platform of EVs for the legacy automaker, bringing a software-based offensive to one of the United Statesâ best-selling car companies and a major player in the EV sector.
Although GM and other Detroit automakers like Ford have not been able to keep pace with U.S. market share leader Tesla, the companies are on the fast track to developing competitive EVs under their own tutelage.
Ultium is GMâs plan for EV development in the sector, and the company has been producing Ultium cells at another plant in Warren, Ohio.
GM Authority noted that the automaker is also planning to bump up starting wages for production operators and quality inspectors at the Spring Hill plant.
GM has been one of several automakers in tense negotiations with the UAW, attempting to come to terms over a new contract that would increase pay and benefits for unionized workers.
Ford finally came to an agreement with the UAW last night, ending weeks of work stoppages.
GMâs Spring Hill plant is expected to come online in early 2024, ramping up the availability of Ultium cells that will be available for EVs that will operate under the platform.
The Ultium cells will increase affordability, enable faster charging times, and increase vehicle longevity. Seven current GM models are utilizing Ultium cells:
- GMC Hummer EV
- BrightDrop Zevo 600 van
- Chevrolet Silverado EV
- Chevrolet Blazer EV
- Cadillac Lyriq
- Buick Electra E5
- Buick Electra E4
Additionally, future vehicles, including the Equinox EV, Honda Prologue, Escalade IQ, the next Chevrolet Bolt, and the ultra-luxurious Cadillac Celestiq are among several models that will operate under the Ultium platform.