LGES to reevaluate investment plan for Arizona battery factory - spokesperson

SEOUL : South Korean battery maker LG Energy Solution Ltd plans to reevaluate its investment plan for a standalone Arizona battery factory due to the current economic environment in the United States, a company spokesperson said on Wednesday.

In March, LGES, which counts Tesla Inc, General Motors Co and Volkswagen AG among its customers, announced plans to invest 1.7 trillion won to build a battery factory in Arizona by 2024 to meet demand from startups and other North American customers.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Chinese investment in Australia plunges to lowest level in at least 15 years
Herkunft: STForeignDesk - 🏆 4. / 71 Weiterlesen »

Chinese investment in Australia plunges to lowest level in at least 13 years
Herkunft: STForeignDesk - 🏆 4. / 71 Weiterlesen »

Thailand agrees $9.6 billion investment in industrial east over 5 yearsBANGKOK : Thailand approved on Tuesday a five-year investment of about 338 billion baht ($9.64 billion) in its industrial east from 2023, a government official said, part of efforts to boost the country's long-term growth.The Eastern Economic Corridor (EEC) investments will cover 77 projects, mainly in in
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »