
LG Energy Solution to Invest $5.5 Billion to Build Battery Manufacturing Complex in Arizona, Step Up EV and ESS Battery Production in North America
SEOUL, March 24, 2023 – LG Energy Solution (LGES; KRX: 373220) today announced it will invest approximately KRW 7.2 trillion (USD 5.5 billion) to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities – one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate…
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