Browsing: LG Energy Solution
The global electric vehicle (EV) market continues to grow amid increasing demand for decarbonization of the transportation sector. The electric…
Canada and South Korea seek deeper cooperation on key minerals in EV batteries production
By James Bryant
Canadian Prime Minister Justin Trudeau and South Korean President Yoon Suk-yeol agreed to deepen cooperation in the field of essential…
GM to invest $760 million to convert plant in Ohio for electric vehicle parts production
By James Bryant
General Motors said it would invest $760 million in its Toledo, Ohio, plant to produce drive units for electric trucks,…
Honda, LG Energy solution invests $4.4 billion to build EV battery production base in US
By Michael Khan
As the electric vehicle market grows across the country, Honda Motor Co. plans to build a lithium-ion battery factory in…
Ultium Cells, an electric vehicle battery joint venture between General Motors and LG Energy Solution, plans to build its fourth…
BYD supplying blade batteries for the Tesla Model Y produced by Giga Berlin, report says
By James Bryant
BYD blade batteries supplied to Tesla have already started shipping to Giga Berlin, Germany, Sina Tech said today, citing multiple…
U.S. Energy Department intends to loan a joint venture of GM and LG Energy Solution $2.5 billion to help construction of EV battery plant
By Michael Khan
The US Department of Energy announced that it will provide a $2.5 billion loan to Ultium Cells LLC, a joint…
South Korean electric vehicle battery maker LG Energy Solution has confirmed it will supply more battery packs to Ford Motor…
Report: CATL considering building EV batteries plant in Mexico to supply Tesla and Ford
By David Smith
Chinese battery giant CATL is considering two locations in Mexico for electric vehicle battery production that have the potential to…
South Korean electric vehicle battery manufacturer LG Energy Solution (LGES) announced its first offtake agreement with a US-based lithium supplier.…
LG Energy Solution to supply Isuzu with batteries for electric commercial vehicles, report says
By David Smith
South Korean company LG Energy Solution is reportedly on track to become a commercial electric vehicle battery supplier for Isuzu…
Ford secures the supply of lithium, the raw material for making electric vehicle batteries for the next 5 years. The…
Tesla ramps up Giga Texas to thousands of units per week, adds production of Model Y Long Range
By David Smith
Tesla has reportedly managed to increase production of the Model Y at Giga Texas by thousands of units per week…
CATL, the Chinese electric vehicle battery giant has supplied EV batteries to South Korea’s Kia Corp. This marks the use…
Nikola Corp, US electric truck manufacturer, is evaluating options to build its own battery pack by 2024, Chief Financial Officer…
CATL, the world’s largest maker of electric vehicle batteries, has set its price on a jumbo share offering of 410…
South Korean lithium-ion battery cell manufacturer LG Energy Solution on Monday (06/13/2022) unveiled a 730 billion won ($568 million) investment…