General Motors Co. and LG Energy Solution are considering New Carlisle, Indiana, as the location for their fourth Ultium Cells LLC joint venture battery cell manufacturing plant, according to reports.

The Detroit News reported that Ultium Cells “is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana,” according to a company statement.

The Detroit News report also said GM and LG would likely invest more than $2 billion at the site, as they have with the three other locations.

Production at Ultium’s first US battery cell plant in Warren, Ohio, is set to begin later this month.