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LG's Massive Battery Investment in Arizona

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LG Energy Solution has unveiled plans to invest around KRW 7.2 trillion (USD 5.5 billion) in the development of a battery production complex in Queen Creek, Arizona. The complex will house two factories, one dedicated to producing cylindrical batteries for electric vehicles (EVs), and the other focused on lithium iron phosphate (LFP) pouch-type batteries for … (read full article...)
 
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