Published 1 year ago

LG Chem to invest over $3 billion to build U.S. battery cathode plant

Summary by Reuters

South Korea's LG Chem Ltd (051910.KS) said on Tuesday it will invest more than $3 billion to build a battery cathode factory in Tennessee, as it ramps up plans to meet rising demand for U.S. electric vehicle components.

0 Articles

All

Left

Center

Right

Times of India

LG Chem to invest over $3 billion to build US battery cathode plant

Lg Chem: It's one of the first major EV-related investments announced by a South Korean firm in the United States since a new US law was passed in August that puts automakers and battery suppliers relying heavily on China for sourcing at a cost disadvantage.

1 year ago·India

Read Full Article

Reuters

LG Chem to invest over $3 billion to build U.S. battery cathode plant

South Korea's LG Chem Ltd said on Tuesday it will invest more than $3 billion to build a battery cathode factory in Tennessee, as it ramps up plans to meet rising demand for U.S. electric vehicle components.

1 year ago·United Kingdom

Read Full Article

Associated Press News

LG Chem to build $3.2B battery cathode plant in Tennessee

CLARKSVILLE, Tenn. (AP) — Tennessee officials on Monday announced plans to invest $3.2 billion to develop a cathode materials plant for electric vehicle batteries. The manufacturing facility will be built in Clarksville and create more than 850 jobs, according to a memorandum of understanding signed by the state of Tennessee and South Korea-based LG Chem.

1 year ago·United States

Read Full Article

Channel News Asia

LG Chem to invest over $3 billion to build battery cathode plant in U.S

SEOUL :LG Chem Ltd said on Tuesday it plans to invest more than $3 billion to build a battery cathode factory in Tennessee, as the South Korean chemical materials maker ramps up plans to meet rising demand for U.S. electric vehicle (EV) components. The plant aims to have an annual production capacity of 120,0

1 year ago·Singapore

Read Full Article

IBTimes

LG Chem To Invest Over $3 Billion To Build U.S. Battery Cathode Plant

South Korea's LG Chem Ltd said on Tuesday it will invest more than $3 billion to build a battery cathode factory in Tennessee, as it ramps up plans to meet rising demand for U.S.

1 year ago·United States

Read Full Article