LG Chem to Build $300-Million Advanced EV Battery Plant in Michigan
LG Chem was one of four battery manufacturers that was announced to receive federal government grants earlier this summer for plants in the U.S. The others were Johnson Controls, A123 Systems and Ener1 with the first two having announced intentions to build batteries in Michigan, along with LG Chem. The LG Chem factory is not expected to be online for start of production of the Volt one year from now. Initial supplies of cells will come from its South Korean factory.
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