LG plans $5.5bn battery factory in Arizona

In:

Power

Region:

Americas

LG Energy Solution is set to invest KRW7.2 trillion ($5.5 billion) in a new battery cell factory in Queen Creek, Arizona.The complex will feature twin production facilities, one for cylindrical 2170 battery cells targeting the electric vehicle (EV) sector with 27GWh annual production capacity, the...

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