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LG Chem to establish EV battery manufacturing company with Geely Automobile

South Korea’s LG Chem Ltd. is going to set up an electric vehicle (EV) battery manufacturer jointly with China’s Geely Automobile. The two companies will invest Korean won (KRW) 103.4 billion (JPY 9.51 billion) each. The joint company plans to start constructing a new plant at the end of 2019 and establish production....

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