GREY:NMKEF - Post by User
Post by
phantom666on Oct 28, 2019 3:21pm
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Post# 30277864
Lithium Hydroxide Will Be Needed
Lithium Hydroxide Will Be Needed
for SK Innovation who started constructing a battery plant worth $1.7B in Georgia....Phase 1 - with a production capacity reaching 9.8GWh by 2022. Complete facility by 2025... Volkswagen is doing business in Tennessee; Alabama is home to companies like (Mercedes-Benz parent company) Daimler and Hyundai, Jun Kim, president and CEO of SK Innovation, said. South Carolina also has facilities for Daimler, Volvo and BMW; and there is Kia Motor Co. in Georgia as well. Slightly up north, there are other companies like Ford. This is where the demand is concentrated.....SK, which makes lithium-ion batteries for hybrid and fully-electric automobiles, will build batteries for multiple vehicle manufactures.