GM, LG Energy Mull Second Battery Cell Plant In US; Street Is Bullish yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
General Motors on Thursday said it was considering building a second battery cell factory in the United States with South Korean partner LG, as the American auto giant shifts towards producing electric vehicles.
General Motors is exploring building a second U.S. battery cell manufacturing plant with its joint-venture partner, Seoul, South Korea-based LG Chem. The company’s joint venture with LG, Ultium Cells LLC, is already at work constructing a $2.3 billion battery cell manufacturing facility in Lordstown, Ohio. The companies hope to have a decision on the factory in the first half of 2021, GM spokesman Dan Flores told TechCrunch.
1 March 2021, 7:32 pm EST By
Electric vehicle batteries have its raw material from components that comes from mines, which was initially believed to be massive pollutants to the environment and is no better than fossil fuel emissions by ICE cars.
However, a few researchers and a Non-Government Organization (NGO) refused to believe that and conducted a study to prove it wrong.
(Photo : Mikes Photos from Pixabay )
As it turned out, the NGO is correct and has proven that electric car batteries and their components such as Lithium and Nickel emit fewer emissions when they are mined compared to the burning of fossil fuel and its mining.
Elektromobilität: E-Autos sind hier unerwünscht yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.