General Motors Looking To Build Second Battery Plant In U.S

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General Motors Co is looking to build a second battery factory in the United States with South Korean joint-venture partner LG Chem Ltd, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The companies are close to completing a decision to locate the plant in Tennessee, the report said.

Both GM and LG did not immediately respond to Reuters requests for comment.

The companies are already building a $2.3 billion battery plant in northeast Ohio that is expected to open in 2022 and eventually supply enough batteries to power electric vehicles.

-Reuters

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