The Volt battery plant will cost around $30 million

We reported earlier that GM will be the first automaker in the US to produce battery packs for cars.  The General will by buying the lithium batteries from LG Chem and them assembling them into a pack for the Volt at a new plant to be built in Michigan.

“We are investing in the future and creating jobs with a technology that will define the destiny of this industry,” said Edward Peper, GM’s North America vice president of Chevrolet, according to his prepared remarks.

No one knows yet where in Michigan the plant will be located but I expect it will be close to the Detroit-Hamtramck plant where the Volt is going to be assembled.  GM plans to spend about $30 million building the plant.

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