South Korea’s LGES revives Arizona battery factory plan with $5.6 bln investment
March 24, 2023 at 07:17 AM EDT
SEOUL, March 24 (Reuters) - South Korea's LG Energy Solution Ltd (LGES) (373220.KS) said on Friday it would invest 7.2 trillion won ($5.58 billion) to build a battery factory in Arizona, reviving a project paused last year due to adverse economic conditions. The world's third-ranked electric vehicle … Source