KOREPOWER located in
'The KOREPlex facility will be a sizable one million square feet in size, capable of producing up to 12 gigawatt-hours (GWh) of battery cell production to suffice the clean energy needs of the US. KOREPlex will be able to power around 3.2 million households annually, with
https://www.innovationnewsnetwork.com/koreplex-the-first-us-owned-lithium-ion-battery-manufacturing-facility/13741/
In addition, LG Energy Solutions (373220.KS) (LGES), a supplier for electric car makers
'Construction on the plant is expected to begin in the second quarter, the South Korean company announced, and mass production will begin in the second half of 2024. Batteries produced at the plant will be supplied to electric vehicle manufacturers. The facility will have the production capacity of 11 gigawatt hours.'
WEB: https://www.abc15.com/news/business/lg-confirms-queen-creek-facility-will-be-battery-plant-for-electric-vehicle-industry
Mr.
Contact:
Phone: 866-600-5444
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the
(C) 2022 Electronic News Publishing, source