GM, LG Teaming Up to Build Batteries for GM’s Future EVs in Ohio

General Motors and Korean giant LG Chem, in a joint venture, will spend $2.3 billion on a plant to supply GM’s future electric-vehicle lineup with batteries.

General Motors has announced a joint venture with LG Chem in which the two companies will build a new battery-cell assembly plant in Ohio with a $2.3 billion investment. The facility is being built on a greenfield site in the Lordstown area and will create 1100 jobs, according to GM. LG Chem is one of the world’s leading battery manufacturers and, Reuters reports, supplies batteries to Ford, Hyundai, Tesla, Volkswagen, and Volvo.

Read more of this story from Colin Beresford on Car and Driver