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U.S. Treasury secretary to visit GM JV battery plant in Tennessee

Treasury Secretary Janet Yellen will visit a General Motors LG Energy Solution joint venture battery cell manufacturing plant in Tennessee on Wednesday to tout rising U.S. electric vehicle and battery production, the department said Monday. The 2.8-million-square-foot, $2.6 billion Ultium Cells plant in Spring Hill, Tennessee, is set to begin production later this year and is the second of three planned JV plants. The plant is expected to eventually employ 1,700 people and will produce cells for the Cadillac Lyriq, which is produced at the adjacent GM assembly plant.