$3 billion EV battery plant revealed for Clarksville

The electric vehicle battery industry and its regional presence gained another large boost on Monday, when Tennessee officials announced LG Chem’s 850-job cathode-manufacturing facility coming to Clarksville.

According to Tennessee Gov. Bill Lee, the $3.2 billion promise represents the single-largest foreign investment in the state’s history.

Expected to be the largest of its kind in the US, the facility will produce nearly 120,000 tons of cathode material annually by 2027, enough to power batteries in 1.2 million electric vehicles.

The state-of-the-art facility will be constructed on 420 acres of the Allensworth site in Clarksville.

Construction will begin early next year and should be in production by fall 2025.

Tennessee’s announcement comes on the heels of Kentucky’s major push into the EV sector with the recent announcement of the Ascend Elements plant coming to Christian County.