LG Energy Solution to invest US$5.5B to build gigafactory complex in Arizona; cylindrical and pouch
24 March 2023
LG Energy Solution will invest approximately KRW 7.2 trillion (US$5.5 billion) to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities—one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS).... Read more →