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Apr.19.2021: LG Energy Solution's venture to build 2nd U.S. battery plant

K-News Bulletin

English - April 19, 2021 01:00 - 2 minutes - 1.98 MB
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Ultium Cells is investing 2.7 trillion won ($2.4 billion) in a battery factory in Spring Hill, Tennessee, the company’s shareholders announced Saturday.

Owned 50-50 by LG Energy Solution and General Motors, the joint venture is already building a 2.7-trillion-won battery plant in Lordstown, Ohio.

Full Article: https://koreajoongangdaily.joins.com/2021/04/18/business/industry/lg-energy-solution-ultium-cells-general-motors/20210418153202071.html