GM WILL PRODUCE LOWER-COST BATTERY CELLS AT TENNESSEE PLANT

General Motors (GM.N), opens new tab is planning to produce lower-cost battery cells at its joint-venture plant with South Korea's LG Energy Solution in Tennessee.

The Detroit automaker is rolling out production of lithium-iron-phosphate (LFP) batteries, a technology that is gaining popularity at other automakers in the U.S. including at cross-town rival Ford Motor.

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