News Korean-Canadian JV joins rush to open EV plant in Hungary A joint venture between South Korea’s LG Electronics and Canada’s Magna International has become the latest EV venture to announce building plans in Hungary.
News Battery boom: Korea’s LG Chem to build $3.2bn cathode plant in Tennessee South Korea’s largest chemical company, LG Chem, plans to build a $3.2bn factory in the US state of Tennessee to make cathodes for electric vehicle (EV) batteries. It signed a…
News Honda and LG to build $4.4bn car battery plant in Ohio A joint venture between Japanese car maker Honda and the battery division of South Korea’s LG will invest $4.4bn in a battery factory in Fayette County, Ohio, midway between Cincinnati…