LG Energy Solution and Korea Advanced Institute of Science and Technology (KAIST) said Thursday that they had made a crucial discovery in lithium-metal battery technology, which can increase electric car’s range by up to 50 percent.This means that the new-type battery will be able to achieve around
China’s CATL catching up fastSouth Korea’s LG Energy Solution topped the global rechargeable battery market excluding China during the first half of this year, according to market consultancy SNE Research on Aug. 7.Over the January-June period, the overall market for electric vehicle batteries expan
Lithium carbonate will be supplied to Korean firm for 6 yearsLG Energy Solution (LGES) announced on Nov. 11 that it had signed a binding offtake agreement this week on the purchase of battery-grade lithium carbonate with Compass Minerals, a U.S. producer of essential minerals.Under the agreement, LG
Joe Biden’s action urges automakers to build plant in North AmericaAfter U.S. President Joe Biden signed legislation earlier this month, electric car manufacturers and battery producers appeared to rush to North America.LG Energy Solution and Honda Motor announced on Aug. 29 that the two Asian corpo
Kazem vows to come up with Bolt EV, Bolt EUV in 2nd quarterGeneral Motors Korea CEO Kaher Kazem said on Feb. 23 that the automaker headquartered west of Seoul would come up with a total of 10 electric cars by 2015.Included in the EV lineup are the Bolt EV, the Bolt EUV, sports utility vehicles, entr
Joint venture will invest $2.6 billion to create 1,700 jobsUltium Cells, the joint venture of LG Energy Solution and General Motors, recently said that it will build the third battery cell plant in the United States, which will start manufacturing in 2025.The 2.8 million-square foot facility in Mich
Global No. 4 automaker active in forging partnershipsStellantis is trying to catch up with its competitors in the promising electric vehicle market by joining hands with South Korean battery manufacturers.LG Energy Solution, South Korea’s top battery producer, said early this week that it will build
LG has teamed up with General MotorsSouth Korea’s powerhouse LG Energy Solution will build $2.3 billion battery cell factory in the United States through its joint venture firm with General Motors.LG Energy Solution said on April 17 that the company and GM would each invest $933.5 million to the joi