LG Electronics Reconsiders Construction of Arizona Plant in US –NNA ASIA / Korea / Automobile / Motorcycle

It turns out that LG Energy Solutions, a major Korean battery company, is reconsidering the construction of a single plant for cylindrical batteries in Arizona, USA. This is because there is a possibility that investment costs will greatly exceed the initial plan due to the recent rise in prices, the appreciation of the US dollar and the depreciation of the won. Yonhap News Agency reported on the 29th. …

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