183 LG Energy Solution, a leading South Korean battery manufacturer, announced a major investment of 4 trillion won ($3.1 billion) in a new facility for the production of electric vehicle batteries and other high-demand products. The state-of-the-art facility, located in Ochang, South Korea, will not only feature cutting-edge research and development capabilities but also include the necessary infrastructure to support a smooth and efficient production process. With this new investment, LG Energy Solution aims to hire an additional 1,800 employees, further solidifying its position as a leader in the industry. You Might Be Interested In Accenture Shatters Glass Ceiling: Women Lead the Way Examining ING Groep Inc’s Price-to-Earnings Ratio Citizenship Eased for Minority Groups from 3 Nations AI in Banking: A Double-Edged Sword? Customers Wary Despite Industry Push Goldman Sachs Plans to Double Lending to Ultra-Wealthy Clients Over Five Years Virgin Money UK Warns of Higher Cost-to-Income Ratio Amid Nationwide Takeover Proposal
