GM, LG Energy Solution considering Indiana for fourth U.S. battery plant
Yahoo! Finance
WASHINGTON (Reuters) -General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said on Thursday. Ultium Cells LLC "is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana," she said, adding that Ultium had submitted a tax abatement application that it hopes will be approved later this month. Production at Ultium's...
Continue Reading