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27 Mar
06:35

LGES to invest $800m in Nanjing plant

South Korean battery giant LG Energy Solution will invest another $800 million in China to expand its production capacity for both EV and energy storage batteries, Kallanish reports. The local government of the Jiangning District, located in Nanjing City, Jiangsu Province, announced a letter of intent agreement in a statement. However, details on the production capacity and schedule are yet to be disclosed. Recently, a business development team led by the gover…
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