South Korean battery maker LG Energy Solution aims to have a global production capacity of 520 GWh/year by 2025, a more than 2.6 time spike, the company said April 27, with 41% of the output based in North America. To support the expansion, LGES will raise its capital expenditure to Won 7 trillion ($5.54 billion) for 2022, a 75% spike…
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