SEOUL — South Korea's LG Energy Solution plans to spend $2.1 billion with General Motors to build a U.S. electric vehicle battery plant, parent firm LG Chem said on Tuesday.
LGES commands more than 20% of the global electric vehicle battery market and supplies Tesla, Volkswagen AG and Hyundai Motor Co, among others.
Battery factories everywhere. 0-60 in one second hyper expensive electric cars announced weekly. When do I get my electric mini truck? A 300 mile car for the middle class? Yeah, it’s nowhere and we won’t see it soon.
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