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LG Chem Will Invest KRW 1.2 Trillion to Expand Its Battery Plants in Nanjing

South Korea’s LG Chem announced on January 9 that it will invest KRW 1.2 trillion (USD 1.07 billion) to expand its two battery production plants located in the Chinese city of Nanjing. The initiation of this capacity expansion program is in response to the rising demand in China for powertrain batteries used in electric vehicles […]

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