GM, LG Chem studying the feasibility of a second battery cell plant in the U.S.

GM, LG Chem studying the feasibility of a second battery cell plant in the U.S.

If the plant moves forward, it would be the most current in a series of investments aimed at building out the automobile giant’s portfolio of electrical automobiles. The business hope to have a choice on the factory in the first half of 2021, GM spokesperson Dan Flores told TechCrunch. He declined to comment on the ongoing scarcity of battery cells, which has affected EV producers Tesla and Nikola.

If the plant moves forward, it would be the newest in a series of investments intended at constructing out the car giant’s portfolio of electric lorries. The companies hope to have a decision on the factory in the first half of 2021, GM representative Dan Flores told TechCrunch. He decreased to comment on the continuous lack of battery cells, which has actually affected EV makers Tesla and Nikola. You’ll hear first-hand how some of the most successful creators and VCs build their organizations, raise money and handle their portfolios.

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