LG Energy Solution has announced a new partnership agreement with General Motors for prismatic battery cell technology. Under the agreement, the companies will jointly develop prismatic battery cell technology and affiliated chemistries, and once the partnership comes to fruition, the prismatic cell technology developed under the agreement will power future GM EVs.
The achievement will be a significant milestone for LG Energy Solution, as it becomes the first global battery manufacturer to offer all three form factors (pouch-type, cylindrical, prismatic). It also highlights the companies’ robust partnership and the success of their Ultium Cells joint venture, which has created thousands of jobs in the US through its plants in Ohio and Tennessee.
Prismatic battery cells feature a flat, rectangular shape with a rigid enclosure, which allows for space-efficient packaging within battery modules and packs. LG Energy Solution has already secured competitiveness in prismatic cells, with the experience of actual prismatic cell production and extensive patent portfolio on battery design and manufacturing technologies, including packaging. The company also aims to leverage its world-best stacking technology, as manufacturing best practices are shifting from winding to stacking in prismatic cell structures. As such, capitalizing on its proven capabilities in materials and manufacturing technologies, LG Energy Solution will deliver differentiated prismatic solution to address the diversifying needs of its customers.
Once the prismatic cell comes onboard, the company will further reinforce its market leadership, along with its pouch-type cells and cylindrical cells. With its expanded product portfolio, LG Energy Solution aims to offer efficient and safe power solutions that address different needs in each EV segment, thereby supporting global mass EV adoption.
“Together with LG Energy Solution, we’ve built Ultium Cells into one of the largest battery cell manufacturers in North America, creating thousands of advanced technology jobs in the US and powering our diverse EV portfolio. We’re focused on optimizing our battery technology by developing the right battery chemistries and form factors to improve EV performance, enhance safety, and reduce costs. By extending our partnership with LG Energy Solution, we’re taking an important step towards these goals.”
Kurt Kelty, VP of Battery Cell and Pack, GM
