LG Chem-GM Battery Joint Venture Launches Large-Scale Hiring in the US

[Asia Economy Reporter Park Soyeon] LG Chem and General Motors (GM) of the United States, each investing 1 trillion won, have established an electric vehicle battery joint venture that is recruiting about 1,000 employees locally in the U.S.

According to the industry on the 6th, the joint venture 'Ultium Cells' recently announced a recruitment notice and plans to hire approximately 1,100 new employees to work at the new joint venture.

The recruitment fields include 14 job categories such as process engineers, information technology specialists, procurement analysis experts, and quality analysis engineers.

Previously, on December 5 last year, LG Chem and GM signed a contract to establish the electric vehicle battery cell joint venture 'Ultium Cells' with a 50-50 equity stake, each investing 1 trillion won, and planning to invest a total of 2.7 trillion won in stages to achieve a production capacity of over 30GWh. Both companies hold 50% equity in the joint venture.

The new plant, which began construction in April this year, is being built in the Lordstown area of Ohio, USA. For this, GM reportedly purchased a site of 158 acres (639,000㎡).

The joint plant aims to be completed between 2022 and 2023.

With the establishment of this joint venture in Ohio, LG Chem will secure two production bases in the U.S., including its existing plant in Holland, Michigan. Including this, LG Chem will have a total of seven bases, consisting of five self-operated production plants and two joint production plants, across the world's three major electric vehicle markets: China, Europe, and the United States.

This content was produced with the assistance of AI translation services.