General Motors, LG Chem to Set Up EV Battery Joint Venture -Reuters
December 05 2019 - 12:50AM
Dow Jones News
--General Motors Co. (GM) and South Korea's LG Chem Ltd.
(051910.SE) are expected to make public on Thursday a plan to form
a 50:50 joint venture in Ohio to manufacture electric-vehicle
batteries, Reuters reported, citing unnamed sources.
--The two companies will each invest more than $1 billion on the
facility, Reuters said.
Full story: https://reut.rs/33PmWXC
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(END) Dow Jones Newswires
December 05, 2019 00:35 ET (05:35 GMT)
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