New battery plants are popping up like wild flowers all over North America, as automakers embark on one of their biggest building sprees ever, fueled by the multibillion dollar transition to electric vehicles. Legacy OEMs and start-ups are partnering with lithium-ion battery manufacturers such as AESC, LG Energy Solution Ltd., Panasonic, Samsung SDI and SK On.
LG Energy Solution alone plans to build eight factories in Arizona, Georgia, Michigan, Ohio, Tennessee and Ontario that will supply General Motors, Honda, Hyundai and Stellantis. Those facilities, which will account for more than 300 gigawatt-hours of EV production capacity, will be massive plants that each comprise several million square feet of floor space.