SEOUL : South Korea’s LG Energy Solution (LGES) plans to spend $2.1 billion with General Motors (GM.N) to build an electric vehicle (EV) battery factory in the United States. United parent company LG Chem (051910.KS) said on Tuesday. LGES and GM are expected to fund the project equally through Ultium Cells, their U.S.-based battery joint […]
Italy’s ERG Pledges 2.1 Billion Euros to Become Pure Green
Italy’s ERG pledged on Friday to spend 2.1 billion euros ($2.5 billion) over the next five years to complete its transition to an entirely renewable company and drive earnings. Already Italy’s biggest wind operator, which generates some 60% of earnings from wind power, ERG said it aimed to add 1.5 gigawatts (GW) of capacity by […]
