Future Tech
LG Energy Solution to invest $3.1 billion in S.Korea battery production
SEOUL - South Korean battery maker LG Energy Solution said in a statement on Monday it plans to invest 4 trillion won ($3.1 billion) between this year and 2026 to build and expand cylindrical battery production in Ochang, South Korea.
The project is also expected to lead to the hiring of a further 1,800 employees, the company said in a statement.
- Reuters
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