As electric cars take off, makers pledge $11.3 billion for US lithium iron phosphate

URLhttps://www.reuters.com/business/autos-transportat
SourceReuters
Date Published06/23/2023
Author NamePaul Lienert

Additional Reshoring Information:

Company/Division name LG Energy Solution
Parent companyLG Chem
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2023
Capital investment ($):1700
Country(ies) from which reshored:Korea, South
City reshored to:Holland
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredlithium iron phosphate (LFP)
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