The joint-venture plant in Lordstown, Ohio, will rise on a greenfield manufacturing site that is expected to create more than 1,100 new jobs. More than 1,600 unionized GM workers lost their jobs when the assembly plant closed as the company wound down production of its slow-selling Chevrolet Cruze compact cars made there. “When we bring together the strength and capability and competence that LG Chem has, and do this in a joint fashion, it’s going to accelerate our ability to win in the EV space,” said Barra. Meanwhile, the closure of the GM plant in Lordstown was a huge deal when Barra announced it about a year ago, drawing the ire of both President Donald Trump and the United Auto Workers. Partnering with LG Chem and their tremendous capability de-risks the plan as we move forward.”

Source: Forbes December 05, 2019 14:49 UTC