Update on Korean Battery Factory in U.S.

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(1)Korean battery companies are sighing.
(2)Your U.S. factory said, “Double the wage.
(3)Input 20230102 PM 401 · Correct 20230102 PM 655
(4)Reporter Jung Yoo-jung.
(5)1 family.
(6)LG Ensol GM Battery Co., Ltd.
(7)Ultium Sell’s labor union demands a compromise.

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(1)Ultimate Cells CI
(2)The Ultium Cells labor union, a battery joint venture between LG Energy Solution and General Motors GM, is expected to demand an hourly wage of about $32 to about 40,000 won in a wage collective agreement, and Korean battery companies that set up joint ventures with U.S. carmakers are expected to be affected in the mid- to long-term.

It’s 40,000 won per hour.

Red union, aristocratic union.

The government and the media are taking the side of the corporation.

It’s much easier to run a business in Korea.

The American press hasn’t yet.

I don’t think they’re talking about aristocratic unions.

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