GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

‘General Motors believes in the science of global warming and believes in an all-electric future’: The carmaker is teaming up with South Korea's LG Chem to build an electric-vehicle-battery factory in Ohio

) said on Thursday they will invest $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world’s largest battery facilities.

Barra said the Ohio battery plant will accelerate the automaker’s initiative to introduce 20 new electric vehicles globally by 2023. In October, Reuters reported the Detroit-Hamtramck plant is expected to build at least four different electric vehicles, including an SUV for Cadillac and a pickup for GMC.

“We’ve been trying to make it clear to everyone that the U.S. electric vehicle supply chain will grow when more make more EV trucks here in the country,” said Keith Phillips, CEO of Piedmont Lithium Ltd, which is developing a lithium mine near Charlotte, North Carolina. Lithium is a key material in EV batteries.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The U.S should double down the investment in-vehicle electric battery. It can help to reduce the usage of Petrochemical and reduce the output of carbon dioxide value. Korea can reduce the impact of tariff an invest in the U.S and reduce the impact of the tariff war.

We're looking at Trump's success in bringing investment to the U.S., right there 🧐👍 'Nuff said. MAGA KAG

giganci budują dla nas nowe auta🙂🪂

As a Californian I say come on Newsom, get your ass in gear and work with the major corps to build in our state. Unless your attitude is like Alex Cortez and don’t give a crap about working class and chase good jobs away.

Thank you so much, Reuters for sharing! Think if Democrats congress could just have USA in their heart & past USMCA then how many more job opportunities 4 American people? Oh, Democrats! Democrats! How evil they are--sweet talk that they care about people but no act. Shameless.

PROSPERITY AWAITS

IenneLynn There's no believing in science. Belief is for things you don't know.

This will be fun when China corners rare earth mineral markets. Also fun when we try to figure out what to do with all the e-waste.

🙄

Will you buy a GM faulty electric car to virtual signal to your friends?

.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GM And LG Chem Launch $2.3 Billion Battery Joint Venture In Ohio For EV PushGeneral Motors CEO Mary Barra revealed today a 50-50 joint venture with LG Chem valued at $2.3 billion to produce lithium-ion battery cells in Ohio Why Ohio ? Don’t do it! We don’t want them and won’t buy them
Source: Forbes - 🏆 394. / 53 Read more »

GM, LG Chem to announce EV battery joint venture in OhioSouth Korea's LG Chem said on Thursday it would invest $916 mil... Let's not bring the ecosystems of the Congo down. Use some hydrogen and combustion fueled vehicles also.
Source: Reuters - 🏆 2. / 97 Read more »

Exclusive: GM, LG Chem to announce EV battery joint venture in Ohio - sourcesGeneral Motors and South Korea's LG Chem are set to announce on... Winning
Source: Reuters - 🏆 2. / 97 Read more »

GM and LG plan to build a $2.3 billion battery plant near the closed Lordstown plantGeneral Motors and LG Chem announced plans for a $2.3 billion factory to build batteries for electric cars. The factory will be near the site of GM's closed Lordstown assembly plant in Ohio. Making South Korea Great Again Can you not assume we all know where lordstown is and give a stare or country. I only wanted to know where not read the article Thank you Sen. Portman.
Source: cnnbrk - 🏆 393. / 55 Read more »

GM, LG Chem to create $2.3 billion battery cell venture for electric vehicles, to create 1,100 jobs in OhioThe companies plan to build a battery factory in the Lordstown-area of northeast Ohio. Construction of the plant, which is expected to be among the largest in the world, is schedulued to begin in mid-2020. 21WFMJ Question: How many days will it take me to drive from New York City to Chicago? AskingForAFriend
Source: CNBC - 🏆 12. / 72 Read more »

GM And LG Chem Launch $2.3 Billion Battery Joint Venture In Ohio For EV PushGeneral Motors CEO Mary Barra revealed today a 50-50 joint venture with LG Chem valued at $2.3 billion to produce lithium-ion battery cells in Ohio Why Ohio ? Don’t do it! We don’t want them and won’t buy them
Source: Forbes - 🏆 394. / 53 Read more »