Tesla supplier LGES to quadruple investment in Arizona battery plant to $5.5 billion

Tesla supplier LG Energy Solution plans to increase its investment in an Arizona battery plant from $1.4 billion to $5.5 billion due to the strong demand for electric vehicles. The rising demand for electric vehicles is increasing the need for battery cells, which is good for battery manufacturers.  The LGES battery plant is located in … Continue reading Tesla supplier LGES to quadruple investment in Arizona battery plant to $5.5 billion