๐ GM and LG are dropping an additional $275M in their joint venture battery plant in TN.
๐๐ The sum seems massive, but compared to the $2.3B already announced, it seems more like adding extra cheese than a whole extra pizza.
๐๐๐ 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.
๐๐๐๐ 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.