Browsing: LG Energy Solution
China’s CATL and BYD continued to dominate the global electric vehicle battery market in 2025, together accounting for more than…
Vietnamese vehicle manufacturer Kim Long Motor and Chinese automaker and battery producer BYD have agreed to build a new electric…
LG Energy Solution is moving forward with plans to build a pilot production line for sodium-ion batteries at its factory…
Global electric vehicle battery usage reached 1,046 gigawatt-hours between January and November, rising 32.6% from a year earlier, driven by…
LG Energy Solution Cancels Battery Supply Deal With Freudenberg as Contract Losses Mount
By Min-jae Kim
South Korea’s LG Energy Solution said on Friday it has agreed to terminate a 3.9 trillion won ($2.7 billion) battery…
South Korea’s LG Energy Solution said on Wednesday it will sell a factory building and related assets in the U.S.…
Shares of LG Energy Solution fell as much as 7.6% in morning trade on Thursday after the South Korean battery…
South Korea’s LG Energy Solution (LGES) said on Wednesday that Ford Motor has terminated an electric vehicle battery supply agreement…
LG Energy Solution (LGES) has secured a new electric vehicle (EV) battery supply contract with Mercedes-Benz Group AG valued at…
Vulcan Energy has finalised a €2.193 billion financing package to fund the first phase of its lithium extraction project in…
South Korean battery maker LG Energy Solution (LGES) and Turkish energy company GO Enerji have agreed to jointly establish a…
Global electric vehicle (EV) battery installations rose sharply in the first ten months of the year, with China’s Contemporary Amperex…
North American automakers are confronting a potential oversupply of electric vehicle (EV) batteries as demand growth slows, according to a…
The European Union will fund five battery cell production projects under its Innovation Fund after Porsche subsidiary Cellforce withdrew its…
Tesla has reached a new production milestone with the completion of its 5-millionth battery pack at Giga Shanghai, the company’s…
Tesla has introduced a new five-seat Model Y variant in China, offering the longest range yet in the SUV’s lineup.…
CATL and BYD Maintain Global EV Battery Dominance With Combined 54.5% Market Share in January–September 2025
By James Bryant
CATL and BYD continued to lead the global electric vehicle (EV) battery market between January and September 2025, maintaining a…
NextStar Energy, the battery joint venture between Stellantis and LG Energy Solution, will begin series production of battery cells next…
Vulcan Energy has received approval to build its commercial Lithium Extraction Plant (LEP) in Landau, Germany, marking a major step…
Samsung SDI has entered a partnership with the BMW Group and US solid-state battery specialist Solid Power to collaborate on…