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GM and LG Chem enter joint venture to build a $2.3b EV battery factory

The new factory, which is expected to be among the largest in the world, aims at GM’s next generation of electric vehicles.

Derick Lila

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published on December 5, 2019 Go To Comments

Mary Teresa Barra is the chair and CEO of General Motors Company. She has held the CEO position since January 15, 2014, and she is the first female CEO of a major global automaker.

The No.1 US automaker, General Motors and South Korea's LG Chem will invest up to $2.3 billion by 2023 to form a joint venture for the production of batteries for electric vehicles.

The two companies plan to build a factory for the manufacturing of battery cells in the Lordstown-area of northeast Ohio.

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About the Author

Derick Lila

Derick is a Clark University graduate—and Fulbright alumni with a Master's Degree in Environmental Science, and Policy. He has 6+ years of solar industry research, marketing, and content strategy experience.

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GM and LG Chem enter joint venture to build a $2.3b EV battery factory

The new factory, which is expected to be among the largest in the world, aims at GM’s next generation of electric vehicles.

Derick Lila

**You are reading a subscriber-only article and we’re glad you’re enjoying it. To continue reading, you need a subscription (24.99/year) account.**

About the Author

Derick Lila

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GM and LG Chem enter joint venture to build a $2.3b EV battery factory

The new factory, which is expected to be among the largest in the world, aims at GM’s next generation of electric vehicles.

Derick Lila

You are reading a subscriber-only article and we’re glad you’re enjoying it. To continue reading, you need a subscription (24.99/year) account.

About the Author

Derick Lila

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