General Motors and its battery partner are building a new factory in Ohio as the carmaker prepares to reveal 22 new electrified vehicles by 2023 (GM)

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· General Motors and LG Chem have named their joint venture "Ultium Cells LLC."
· "Ultium" is the name that GM revealed earlier this year when the car company announced its battery technology.
· The new factory is a $2.3-billion plant being built in Ohio, near a factory that was controversially closed in 2019.
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