LG Energy Solution

Energy Department will lend G.M. and LG $2.5 billion to build battery factories.

The U.S. Energy Department said Monday that it would lend $2.5 billion to a battery maker owned by General Motors and LG Energy Solution to build battery factories, advancing the Biden administration’s plan to promote electric vehicles and reduce dependence on China for critical components. G.M. and LG Energy, a South Korean battery maker, are […]

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