LG Chem’s LG Energy Solution investment in Arizona in brief:

  • Type: wholly-owned subsidiary
  • Investment: 1.7 trillion KRW ($1.39 billion)
  • Location: Queen Creek, Arizona
  • Production capacity: 11 GWh/year
  • Battery type: cylindrical batteries for EVs and electric tools
  • Construction: to begin in the second quarter of 2022
  • Mass production: to start in 2024

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