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LGES to Invest 7.2 tln Won to Build New Cylindrical, LFP Battery Plants in Arizona

LGES to Invest 7.2 tln Won to Build New Cylindrical, LFP Battery Plants in Arizona

SEOUL, March 24 (Korea Bizwire) – LG Energy Solution Ltd. (LGES) said Friday it will invest 7.2 trillion won (US$5.56 billion) to build what will be its second standalone battery manufacturing site in the United States, sticking to its earlier plan after a period of reconsideration. LGES will spend 4.2 trillion won to build a [...]