New Billion-dollar Korean-Chinese EV Battery Plant Deal Likely to Anger the U.S.

South Korea’s LG Chem signed a deal with Chinese mining and metal refining giant Zhejiang Huayou Cobalt to build a massive $920 million electric vehicle battery factory in southwest Korea.

While the proposed factory makes a lot of sense for companies like LG that supply Korean automakers with EV batteries, it may provoke an angry response from the United States.

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source https://chinaglobalsouth.com/2023/04/17/new-billion-dollar-korean-chinese-ev-battery-plant-deal-likely-to-anger-the-u-s/

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