<ul data-eligibleForWebStory="false">General Motors and LG Energy Solution are partnering to manufacture low-cost lithium-iron phosphate (LFP) batteries in the U.S.The Spring Hill, Tennessee plant will be converted to produce LFP batteries for the next-generation Chevy Bolt EV and one trim of the Silverado EV.LFP batteries are a more affordable alternative to nickel-manganese-cobalt cells, offering safety, durability, and competitiveness in range.The battery assembly line conversion will start by the end of 2022, targeting significant cost savings and production beginning by the end of 2027.