GM venture to invest additional $275M at Tennessee plant

NASHVILLE, Tenn. — A joint venture between General Motors and South Korean battery company LG Energy Solution says it will invest an additional $275 million to expand a Tennessee battery cell factory for electric vehicles. Officials with the companies had already pledged to spend $2.3 billion to build a battery plant in Spring Hill, Tennessee. The additional investment announced, Friday, is anticipated to result in 40% more battery cell output when the plant is fully operational.