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LG invests 5.5 billion to build batteries

Largest battery manufacturing facility investment in America Metal Tech News - March 30, 2023

Top electric vehicle battery manufacturer LG Energy Solution, which supplies Tesla and other automakers, announced on March 24 that it will invest approximately $5.5 billion in a complex in Queen Creek, Arizona. This investment marks the largest ever made for a stand-alone battery manufacturing facility in North America.

Construction of the complex will break ground on two facilities this year;...

 

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