Saturday, July 13, 2024
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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.

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