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.
• GM has aimed to phase out internal combustion engine cars by 2035.

South Korean battery maker LG Energy Solution Ltd., whol....