South Korean battery maker LG Energy Solution said on Monday it plans to invest 4 trillion won ($3.1 billion) from this year to 2026 in a facility making batteries for electric vehicles and other goods.
An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. Picture taken November 23, 2021. REUTERS/Kim Hong-Jisaid on Monday it plans to invest 4 trillion won from this year to 2026 in a facility making batteries for electric vehicles and other goods.
The project in Ochang, South Korea, will include R&D and production facilities and related infrastructure, and is expected to add 1,800 employees, the company said in a statement. "We plan to set up a diversified product portfolio including pouch-type and cylindrical batteries to respond to customer needs in a timely manner, and differentiate production capabilities based on a 'smart' factory," an LG Energy Solution spokesperson said.Our Standards:
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
LG Energy Solution to invest $3.1 bln in S.Korea battery productionSouth Korean battery maker LG Energy Solution said in a statement on Monday it plans to invest 4 trillion won ($3.1 billion) between this year and 2026 to build and expand cylindrical battery production in Ochang, South Korea.
Leer más »
North Korea fires two ballistic missiles, escalating tensions, says South KoreaThe missile launch comes just days after the country tested a high-thrust solid-fuel engine
Leer más »
North Korea fired ballistic missile - South Korea militaryNorth Korea fired a ballistic missile towards the Korean Peninsula's east coast on Sunday, South Korea's military said.
Leer más »
North Korea fired two ballistic missiles - South Korea militaryNorth Korea fired two ballistic missiles towards the sea off the Korean Peninsula's east coast on Sunday, South Korea's military said.
Leer más »
South Korea flags economic slump deepening for whileSouth Korea on Monday flagged a deeper economic slowdown than expected at least through the first half of next year, and extended sales tax breaks on some fuel oil products and passenger cars by a few months.
Leer más »
DPRK fires two ballistic missiles: South KoreaNorth Korea fired two ballistic missiles, days after Pyongyang announced a successful test of a solid-fuel motor for a new weapons system
Leer más »