3/4, 11:51 AM (Source: TeleTrader)
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GM wants a second battery-cell plant in US - report

General Motors Co., in partnership with LG Chem Ltd., is looking into options to build a second battery factory in the United States, the Wall Street Journal reported on Thursday. A spokesman for the carmaker stated that the companies could announce a decision in the first half of this year.

According to the report, the partners are "close to completing a decision to locate the plant in Tennessee." GM and LG Chem already agreed to invest up to $2.3 billion in a battery cell assembly plant in Ohio.

Breaking the News / DJ