Lotte Chemical to invest $2.3B through 2028 to boost production of copper foil for EV batteries

Green Car Congress
By mmillikinJul 5, 2023, 7:16 am166 pts
Lotte Chemical plans to invest up to 3 trillion KRW ($2.3 billion) through 2028 to boost production of copper foil for EV batteries, the company said. In March, Lotte completed the 2.7-trillion KRW (US$2-billion) acquisition of electric foil manufacturer Iljin Materials, and changed Iljin’s name to Lotte…

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