LG to invest $5.5 Billion for battery factory in Arizona.
LG Energy Solutions had announced last year that it would invest $1.3 Billion, but due to growing EV demand it announced $5.5 Billion investment on Friday, quadrupling its prior investment for a battery factory in Arizona. The Arizona factory would cater to manufacturing batteries for electric cars and trucks. The battery complex situated near Phoenix […]
LG to invest $5.5 Billion for battery factory in Arizona. Read More »