LG ENERGY & GM TO BUILD EV BATTERY FACTORY IN THE U.S

Highlights –

• LG Energy & GM to build EV battery factory in the U.S.
• LG Energy Solution will spend 1.06 trillion won for building the factory.
• The total investment for the new EV factory is expected to be worth 2.7 trillion won.

HONDA ANNOUNCES COLLABORATION WITH U.S GENERAL MOTORS CO. AND CRUISE

Highlights –

• Honda announces collaboration with U.S General Motors Co. and Cruise.
• Honda plans to launch a service using self-driving vehicles in Japan.
• Honda plans to continue on making autonomous vehicle MaaS business in Japan a rea...

Decrease of sales of US autos in 2019

Throughout 2019, General Motors announced selling 2,89 million cars on the U.S. market, up 12.7 percent from 2018. Nevertheless, GM's sales dropped 25 percent year-over-year in the fourth quarter owing to the 40-day strike by United Auto Workers, the automaker reported. For the second year in...