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GM and LG Chem Plan Second EV Battery Plant for U.S. Market
- Companies have talked with public officials in Tennessee
- Planned facility is part of GM’s big zero-emission push
Source: General Motors Co.
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General Motors Co. and Korea’s LG Chem Ltd. are exploring a project to build a second battery plant in the U.S. to make cells for the future electric vehicles that the automaker has planned for its home market, a spokesman said Thursday.
The two companies are looking at different sites to build a plant that would be similar in size to the $2.3 billion facility currently being built in Lordstown, Ohio, and have talked to public officials in Tennessee. GM will make a decision in the first half of this year.