LG Chem plans to invest $4.5 billion in U.S. battery factories

2021-03-12 05:02:45

LG Energy Solution, one of subsidiaries of LG Chem, said today that it will invest KRW 5 trillion ($4.5 billion) in new U.S. factories to by 2025.

The company aims to expand battery production capacity in the United States, meeting the growing demand in the EV battery market.

LG Chem electric vehicle

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