LG Chem considering building second U.S. EV battery plant, say sources

Discussion in 'Car Related News Section' started by Halbot, Jul 12, 2019.

  1. Halbot

    Halbot Platinum Member

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    [​IMG] SEOUL/DETROIT (Reuters) - South Korean electric vehicle (EV) battery maker LG Chem is considering building a second U.S. factory, three people familiar with the matter said, accelerating a race to add capacity to meet growing global demand for green vehicles. LG Chem, one of the leading EV battery makers in the world that counts General Motors and Volkswagen among its customers, is weighing investing about 2 trillion won ($1.70 billion) in the plant that could begin production in 2022, one of t
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    LG Chem considering building second U.S. EV battery plant, say sources originally appeared on Autoblog on Thu, 11 Jul 2019 13:50:00 EDT. Please see our terms for use of feeds.

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