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Lg Energy Solution To Invest Krw 1.7 Trillion In Its First Cylindrical Battery Plant In U.S.

Mar 23, 2022•over 3 years ago
Seoul

Description

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.

Company Information

Company

Battery Plant

Location

Seoul, Seoul, South Korea

About

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.