South Korea to offer $5.3 billion in financing to support battery investment in North America


Source: investing.com investing.com

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© Reuters. FILE PHOTO: An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. REUTERS/Kim Hong-Ji GM -1.42% Add to/Remove from Watchlist TSLA -0.25% Add to/Remove from Watchlist 005930 +4.33% Add to/Remove from Watchlist VWAGY -0.80% Add to/Remove from Watchlist By Heekyong Yang SEOUL (Reuters) - South Korea on Friday said it will provide 7 trillion won ($5.32 billion) in financial support for its battery makers seeking to invest in infrastructure in North America over the next five years to help firms cope with the U.S. Inflation Reduction Act....