Lg Energy Solution To Invest Krw 1.7 Trillion In Its First Cylindrical Battery Plant In U.S.
03/23/22, 5:00 PM
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LG Energy Solution (LGES; KRX: 373220) today announced that the company is investing KRW 1.7 trillion for the construction of a new cylindrical battery factory in Queen Creek, Arizona. The newly announced plant will be the first ever cylindrical-type battery manufacturing plant in North America, solely invested by the Korean battery manufacturer.