LG Chem breaks ground $1.6B on Cathode Plant in TN
Teslarati
DECEMBER 19, 2023
Production is scheduled to start by 2026. LG Chem has a comprehensive agreement with General Motors for a long-term supply of 950,000 tons of cathode materials. free trade agreements, a requirement under the battery guidelines of the IRA. LG Chem plans to invest $1.6 billion on the plant’s first phase, spanning 1.7
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