Author: Nathan Reed
Nathan Reed
Nathan Reed is a battery industry business journalist at EVMagz.com, reporting on investment trends, gigafactory expansion, supply chain strategy, pricing dynamics, and corporate developments across the global battery sector. His coverage focuses on how manufacturers, raw material suppliers, and technology firms are scaling production to meet rising demand from the electric vehicle and energy storage markets.
AVILOO and Lectrium Partner to Bring Independent Battery Diagnostics to U.S. Dealership Listings
By Nathan Reed
AVILOO, an Austria-based battery diagnostics company with U.S. operations in Denver, has partnered with Brooklyn-based Lectrium to integrate independent battery health reporting into automotive retail platforms across the United States. The collaboration aims to address one of the main obstacles in the pre-owned electric vehicle (EV) market: uncertainty about traction battery condition. Under the partnership, AVILOO’s diagnostic technology will be embedded into Lectrium’s digital merchandising tools, enabling dealerships to display verified battery State of Health (SoH) on vehicle detail pages. The system relies on the AVILOO FLASH Test, which provides cell-level analysis and SoH results in about three minutes without…
LG Energy Solution (LGES) has secured a new electric vehicle (EV) battery supply contract with Mercedes-Benz Group AG valued at approximately two trillion won ($\text{€}1.39$ billion / US$1.4 billion), marking the fourth significant supply agreement between the two companies in less than two years. According to a regulatory filing by the South Korean battery maker on Monday, the new contract covers the supply of batteries to Mercedes-Benz for its North American and European markets. The supply period is slated to run for seven years, from March 1, 2028, to June 30, 2035. LGES noted in the filing that the contract…