LG Chem To Build $3 Billion Battery Cathode Factory In Tennessee

The new facility will produce advanced NCMA cathode materials containing nickel, cobalt, manganese, and aluminum for next-generation EV batteries with improved battery capacity and stability. The company says NCMA cathode materials are among the most critical ingredients for determining the battery capacity and life of electric vehicles.

The company also plans to implement its smart factory technology in Tennessee to automate the entire production process and establish a quality analysis and control system that will be the benchmark for all other cathode plants in the world. “LG Chem’s decision to invest USD 3.2 billion in Clarksville is a testament to Tennessee’s unmatched business climate, skilled workforce and position as a leader in the automotive industry,” said Tennessee governor Bill Lee. “I thank this company for creating more than 850 new jobs to provide opportunity to Tennesseans across Montgomery County.”

Source: News Formal (newsformal.com)

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