LG Energy Solution to build USD 1.39 billion cylindrical-type battery plant in Arizona

On March 24, LG Energy Solution (LGES) announced a KRW 1.7 trillion (USD 1.39 billion) investment for a new factory for cylindrical lithium-ion batteries in Queen Creek, Arizona.
It will be the company's first-ever cylindrical-type battery manufacturing plant in North America and also a wholly-owned subsidiary, rathe....

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