EV Battery Joint Venture in Ohio

It looks like General Motors has plans to work with a South Korean company to make electric car batteries in Ohio.

GM and South Korea’s LG Chem company will reportedly announce the 50-50 joint venture sometime today.

According to various sources, the companies will invest a billion dollars each in the facility to be located in Lordstown.

Source: https://www.reuters.com/article/us-gm-lg-chem-jv-exclusive-idUSKBN1Y90C6

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