South Korea's Hyundai Motor Co and LG Energy Solution Ltd (LGES) are considering building two joint venture battery plants in the United States, a local online news outlet reported on Monday.
are considering building two joint venture battery plants in the United States, a local online news outlet reported on Monday.
Under the contemplated plan, the plants would be built in Georgia and each have an annual capacity of about 35 gigawatt hours , enough to power about 1 million electric vehicles , said the news service, Dailian, citing an unnamed source. LGES declined to comment. Hyundai Motor was not immediately available for comment when contacted by Reuters.
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