LG Energy Solution, GM to build 3rd EV battery plant in US
Jan 26, 2022
LG Energy Solution and General Motors said Wednesday they will invest $2.6 billion to build their third electric vehicle battery manufacturing plant in the US. The facility will be located in Lansing, Michigan. The factory will begin mass production in early 2025 and produce 50 gigawatt-hours of EV batteries per year once fully operational, which is enough to power 700,000 EVs that can travel more than 500 kilometers in a single charge. The investment is expected to create 1,700 new jobs.