LG Energy Solution and Hyundai Motor Group to Establish Battery Cell Manufacturing Joint Venture in the U.S.

The new battery cell JV will be located in Bryan County, Savannah, Georgia where Hyundai Motor Group Metaplant America is currently being built Total investment amount of over USD 4.3 billion; LGES and HMG to take a 50 percent stake respectively JV’s battery production aimed to start at…