GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio
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General Motors (GM) and LG Chem Team Up to Mass-produce Battery Cells for Future Battery-Electric Vehicles
December 5, 2019 9:04 AM ESTWill create more than 1,100 new jobs in a new, Ohio-based facilityJoint venture to drive cost per kilowatt hours to industry-leading levelsNew battery plant to have an annual capacity of more than 30 gigawatt hours with flexibility for expansionCompanies enter joint agreement to develop advanced tech, lower cost batteries
General Motors (NYSE: GM) and LG Chem today announced plans to mass-produce battery cells for future battery-electric vehicles. Together, the companies will invest up to a total of $2.3 billion through a new,... More
