LG Energy Solutions to work with General Motors to build a $2.1 billion battery plant in the United States

Telah Terbit: Jan 26, 2022 08:10

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[LG Energy Solutions to build a $2.1 billion battery plant in the United States in partnership with General Motors] South Korean battery maker LG Energy Solutions said on Tuesday that it would jointly invest $2.1 billion with GM to build an electric vehicle battery plant in the United States. According to a regulatory filing filed by LG Chemical, the parent company of LG Energy Solutions, LG Energy Solutions and General Motors are expected to contribute 50-50 through their joint venture in the United States, Ultium Cells, which will be the third joint venture battery plant between the two companies in the United States.

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