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Much of the development of electric vehicle will entail building the batteries themselves. Automakers are ramping up production plans for electric vehicles, each to meet increasingly tougher environmental rules as well as increasing demand amongst automotive consumers. If the automakers shift all those jobs to non-union plants it will imply a big drop in UAW membership and wages for the staff. But when electric vehicles shift to LFPs, that could be much less doubtless, according to battery consultants.
But that is a unique, less expensive battery than the ones to be built in Ohio and Tennessee. GM (GM) has two joint venture plants with LG items underneath construction, Vapor Kits one in Lordstown, Ohio, which is anticipated to begin production of batteries early subsequent 12 months, and one other adjoining to an existing GM (GM) assembly plant in Spring Hill, Tennessee. Last month Ford (F) has announced plans for battery plants in Kentucky and Tennessee with LG rival SK Innovations, Vape Shop together with new meeting plants for electric autos.
Stellantis and Samsung SDI introduced plans Monday for one more EV battery plant joint venture to open in 2027. But the announcement might make it more difficult to avoid a strike at Stellantis’ current US plants this fall. Stellantis and Samsung already have a plant beneath building in Kokomo, Indiana due to start out producing batteries in early 2025. It has but to announce a location for the plant announced Monday, nor a price or the number of jobs it expects when it opens.
