Browsing: LG Energy Solution
CATL Leads Global EV Battery Market with 36.9% Share as Total Consumption Surges to 552.2 GWh in Jan-Oct 2023
By James Bryant
The global electric vehicle (EV) battery consumption witnessed a substantial surge from January to October, reaching 552.2 gigawatt-hours (GWh), marking…
Global Lithium-Ion Battery Prices Experience a 14% Drop, Reaching $139/kWh, Says BloombergNEF Survey
Lithium-ion battery pack prices have witnessed a notable 14% reduction to $139 per kWh compared to the previous year, according…
South Korean battery manufacturer, LG Energy Solution (LGES), is undergoing leadership changes as it embarks on the second phase of…
The lithium-ion electric vehicle (EV) battery market in the United States appears poised for a correction after experiencing robust growth…
Despite a recent economic downturn and a global slowdown in electric vehicle demand, South Korea’s three major battery companies have…
Phoenix Motorcars has announced its acquisition of Proterra Transit for a sum of $10 million. This move comes shortly after…
South Korean battery manufacturers, LG Energy Solution Ltd. and SK On Co., are postponing their joint ventures with Ford Motor…
South Korea’s Hyundai Group is embarking on a significant endeavor to develop its own lithium iron phosphate (LFP) battery cells,…
As concerns mount over a potential slowdown in the global electric vehicle (EV) adoption rate, the world’s largest lithium producers…
Toyota Motor and LG Energy Solution have inked a significant supply agreement for lithium-ion batteries, set to power Toyota’s U.S.-manufactured…
South Korean battery cell manufacturer LG Energy Solution (LGES) is actively seeking collaboration for the establishment of a battery cell…
Hyundai, the South Korean automotive giant, is on a fast track to commence operations at its newly constructed Georgia factory,…
General Motors (GM) has announced a temporary shutdown of the CAMI Assembly Plant in Ingersoll, Ontario, from October through spring…
General Motors (GM) President Mark Reuss expressed confidence that the automotive giant’s electric vehicles (EVs) would turn profitable after 2025,…
Global EV Battery Market Trends in January-July 2023: CATL Leads with a 36.6% Share, BYD Gains Ground, and More
By Linda Ma
Global electric vehicle (EV) battery consumption continues its upward trajectory, with new data from South Korean market researcher SNE Research…
In a bid to keep up with the electric vehicle revolution, South Korea is seeing a surge in the adoption…
In a strategic move to accelerate electric vehicle (EV) battery production and job creation, Hyundai Motor Group and LG Energy…
Ultium Cells LLC and UAW Make Strides in Labor Negotiations for Enhanced Employee Conditions and Pay
Ultium Cells LLC, a collaborative effort between General Motors and LG Energy Solution, is making significant strides in both employee…
In a resounding step towards bolstering its commitment to sustainable mobility, Hyundai Motor has initiated the production of the cutting-edge…
Class-Action Lawsuit Raises Concerns Over Jaguar I-Pace Battery Issues Amidst Recalls
By Derick Munoz
As the market for used electric vehicles expands, the Jaguar I-Pace has caught the attention of potential buyers looking for…