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Under the investment plan, LG Chem will spend 600 billion won each at an electric vehicle battery plant and a small-sized battery plant in Nanjing, the company said in a statement.

LG Chem to spend $1.07 billion on expanding battery plants in China

LG Chem plans to invest a total of 1.2 trillion won ($1.07 billion) to expand its two battery plants in China by 2020

10 Jan 2019 10:15 AM IST

Under the investment plan, LG Chem will spend 600 billion won each at an electric vehicle battery plant and a small-sized battery plant in Nanjing, the company said in a statement.

Battery maker LG Chem sues SK Innovation, alleges trade secret theft

SK currently produces EV batteries only in South Korea and plans to begin mass production in its Hungary and US...

30 April 2019 1:20 PM IST

LG Chem begins transportation of Styrene Monomer inventory to South Korea. (PTI Photo)

Vizag gas leak: LG Chem transport Styrene Monomer inventory to South...

The company would continue to work with government agencies to ensure all possible support for bereaved families and...

14 May 2020 3:52 PM IST

Firefighters walk with oxygen cylinders outside LG Polymers plant, the site of a chemical gas leak, in Vishakhapatnam. (AP)

South Korea sends delegation to probe Vizag gas tragedy

LG Polymers, where the gas leak occurred, is a unit of South Korea's biggest petrochemical maker, LG Chem

13 May 2020 12:48 PM IST

As autonomous car technology develops, Sohn said Samsung was working with automobile companies on development of 5G networks, needed for autonomous driving. (Photo: AP)

LG and Samsung take heart as China flags more open car battery market

LG Chem said in July it will spend about 2 trillion won (USD 1.8 billion) on a second China car battery plant.

20 Dec 2018 11:22 AM IST