Plans for a multibillion-dollar electric vehicle lithium battery plant in Queen Creek remain in limbo.
In July, South Korean company LG Energy Solution put the brakes on the proposed facility, citing the “unprecedented economic condition and investment circumstances in the U.S.” The company added that it would be reviewing “various investment options” including the Queen Creek plant.
In an email to the Queen Creek Independent today, Sophia Sojeong Kim, a specialist with LGES' Global Communications Team, wrote that “We’re still in the process of reviewing the investment, and no new decision has been made.”