LG Chem invests US$820 million in new US cathode material plant to meet EV demand

Jessica Tsai; Jerry Chen, DIGITIMES Asia 0

Credit: LG Chem

As the demand for electric vehicles surges, LG Chem, a subsidiary of the South Korean-based tech giant, is set to construct a new cathode material plant in the United States to mark a significant expansion into the North American market.

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