LG Energy Solution unit investing $2 billion in Michigan battery venture with GM, creating jobs.

From Investing.com: 2025-04-01 04:10:00

LG Energy Solution, a unit of LG Chem, has announced plans to invest $2 billion in a joint venture with GM to build a new battery plant in Michigan. The new facility is expected to create 1,100 jobs and produce batteries for electric vehicles. This partnership is part of GM’s commitment to electric vehicle production.



Read more at Investing.com: LG Energy Solution unit to pay $2 billion for Michigan battery venture with GM