96 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 Examining ING Groep Inc’s Price-to-Earnings Ratio AirTrunk doubles size of SLL to record A$4.6 billion How to Set Financial Goals for Your Retirement Blocknative to revolutionize blockchain management with $15 million in funding Citizenship Eased for Minority Groups from 3 Nations How Mobile Banking is Reshaping Financial Landscape in Rural Africa