LG Energy Solutions Stories June 14

Tesla's upcoming 4680 battery cell / Source: Tesla
0

LG announced that it is investing $450 million into producing 4680 battery cells, a format pioneered by Tesla.

While the Korean battery manufacturer didn’t confirm that the new cells will be for Tesla, it is extremely likely.

expand full story

LG Energy Solutions Stories March 24

Stellantis and LG Energy announce that they will together build a new 45 GWh battery cell factory in Windsor, Ontario, Canada.

expand full story

LG Energy Solutions Stories March 23

LG Energy Solution is investing $1.7 billion and creating 1,200 jobs at its existing EV battery factory in Holland, Michigan. The expansion of the factory will quintuple its capacity to produce EV battery components.

expand full story

LG Energy Solutions Stories February 8

New data from a South Korean research firm shows that EV battery manufacturer CATL is once against the largest in the world by installed battery capacity. The company saw growth over 165% compared to 2020 and holds the title of world’s largest battery manufacturer for the fifth year in a row.

expand full story

LG Energy Solutions Stories December 14, 2021

To meet increasing market demand, lithium-ion battery resource recovery specialists Li-Cycle has announced plans to increase the processing capacity of an upcoming New York facility by 40%. In addition to expanding its US battery recycling footprint, Li-Cycle has also entered into a letter of intent with LG to create a closed-loop battery ecosystem.

expand full story

LG Energy Solutions Stories October 22, 2021

Amsterdam-headquartered global auto manufacturer Stellantis and South Korean battery maker LG Energy Solution announced a joint venture on October 18 to produce battery cells and modules for North America. Now Stellantis has today announced yet another battery production partnership, with Samsung SDI.

expand full story

LG Energy Solutions Stories October 12, 2021

GM and LG announced that they came to an agreement over who is going to take on most of the cost of the battery recall over potential fire risk for the Bolt EV.

LG is going to be left with almost the entire cost.

expand full story

LG Energy Solutions Stories August 12, 2021

In today’s Electrek Green Energy Brief (EGEB):

  • Canada’s Prince Edward Island buys 35 more Lion electric school buses, reaching 47 total.
  • LG Electronics will cut emissions in its major products by 2030.
  • UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Tesla now offers price matching, so it’s important to shop for the best quotes. Click here to learn more and get your quotes. — *ad.

expand full story

LG Energy Solutions Stories August 9, 2021

LG Energy Solution is looking to universities and research institutes around the world to help push the next generation of battery technologies forward in the form of a contest. Its international “Battery Innovation Contest” (BIC) will be hosted by LG Energy Solution with open entries through September. The contest is open to all topics pertaining to batteries, and the winner will receive a prize up to $150,000 annually for continued R&D.

expand full story

LG Energy Solutions Stories July 29, 2021

Hyundai Motor Group and LG Energy Solution have announced a Memorandum of Understanding (MoU) with the Government of Indonesia to manufacture BEV batteries in the country through a new joint venture (JV). As part of the JV, Hyundai and LG will invest a total of $1.1 billion in the construction of a battery plant in Karawang, near the country’s capital of Jakarta.

expand full story

LG Energy Solutions Stories April 14, 2021

GM is about to announce a new massive battery cell gigafactory in the US in partnership with LG Energy Solutions, according to industry sources.

expand full story

Powered by WordPress VIP