🍕 GM and LG are dropping an additional $275M in their joint venture battery plant in TN.
🍕🍕 The sum seems massive, but compared to the $2.3B already announced, it seems more like adding extra cheese than a whole extra pizza.
🍕🍕🍕 Why did you say pizza? Now I'm hungry... Sorry, back to the facts. The investment will expand the plant's production by 40%, which is expected to begin in 2023.
🍕🍕🍕🍕 How many pizzas are we talking here? Well, if EV batteries were pizzas, the plant would produce about 500K... pizzas... by the end of next year.