GM, LG Chem set $2.3 billion electric vehicle battery venture in Ohio

WARREN, Michigan (Reuters) - General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion (1.8 billion pounds) to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities.The plant, to be built at a new site near GM's closed assembly plant in Lordstown in northeast Ohio, will employ more than 1,100 people, the companies said. Construction is to begin in mid-2020 and the plant will have an annual..