GM and LG Chem form joint venture to produce EV batteries in Ohio  [ USA ]

GM and LG Chem announced that they will create a joint venture to assemble batteries for electric vehicles at a new plant in Lordstown, Ohio. The partners will invest a total of up to USD 2.3 billion through the equally-owned joint venture. The new battery cell assembly plant on a greenfield manufacturing site will have an annual capacity of more than 30 gigawatt hours with flexibility for expa...
<Dec 06, 2019>