The inclusion of Tesla Model 3 produced in China in the government’s funding list has had a positive cascade effect for LG Chem. Tesla is apparently relying on LG Chem for batteries, and this will be the first electric car with batteries from a Korean manufacturer to be included in the coveted Chinese subsidy list […]
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General Motors has published plans for the serial production of battery cells for future battery electric vehicles, confirming earlier rumours. GM together with LG Chem will manufacture the cells in considerable numbers in Ohio.
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South Korean battery giants LG Chem and SK Innovation are each trying to sue each other in bitter court disputes in both the USA and South Korea about alleged patent infringements. Now their spat is threatening to disrupt the launches of electric vehicles in the US by some of the world’s largest carmakers. Even the […]
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Volvo wants to make the origin of cobalt traceable using blockchain technology. The carmaker has now reached agreements with its two battery suppliers CATL and LG Chem as well as blockchain companies.
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An electric version of the new Korando is now available in more detail. But the first electric model of the Korean manufacturer SsangYong will take some time to premiere.
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Umicore and LG Chem have entered into a multi-year strategic supply agreement for NMC (Nickel-Manganese Cobalt) cathode materials to meet LG Chem’s needs from Umicore plants in Poland, South Korea and China.
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It took four years from the “Mission E” concept to the finished series model. It is not only the effort Porsche has put into the development of the Taycan that shows just how important the car is for the company. The Taycan sets the course for future high-volume models.
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The legal battle between the South Korean battery manufacturers LG Chem and SK Innovation is heating up in the USA. After LG Chem had sued their competitor from Korea, SK Innovation has now turned the tables and launched a counter-suit for patent infringement.
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It appears the rumours were true: Tesla will buy batteries from LG Chem for its electric car production in China. Media agencies cite inside sources confirming the deal that would affect both the Model 3 and future Model Y.
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Hyundai is launching its second and third electric model on the Chinese market this year. The electric version of the Hyundai Encino (known outside China as the Kona) will be launched in October, before a battery-powered version of the Lafesta sedan, available exclusively in China, will follow in December.
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Volvo wants to use blockchain technologies to increase transparency regarding the origin of the cobalt used in the batteries of their electric cars. The first project in China, the home country of Volvo’s mother company Geely, has now been launched.
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The South Korean battery cell manufacturer LG Chem is investing 500 billion won (424 million dollars) in the construction of a factory to manufacture cathode material for lithium-ion batteries.
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An international consortium of renowned e-mobility players plans to build a resource mining plant for lithium-ion batteries on the Indonesian island of Sulawesi. In concrete terms, the project reportedly involves nickel and cobalt. Apparently, Tesla, CATL, LG Chem, Daimler and Volkswagen aim to participate in the consortium.
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In September Porsche will officially present the Taycan at the IAA in Frankfurt. At present, a number of near-series prototypes are still on the road – apparently to test the charging behaviour of the new electric Porsche.
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LG Chem and Geely are forming a joint venture in China for the production of electric car batteries. The plan is to establish a factory that will have an annual production capacity of 10 GWh by the end of 2021 to supply batteries for Geely electric vehicles.
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The Berlin-based company Unu, founded in 2013, has revealed its second-generation electric scooter developed in cooperation with partners including Bosch and LG. The completely new e-scooter can be ordered online in three performance variants and seven colours.
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The Volvo Car Group has signed long-term contracts with CATL and LG Chem to ensure battery supply for the next generation of Volvo and Polestar electric models over the next decade. The orders are worth several billion dollars.
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Mercedes is planning to produce 100 fully electric EQC SUVs every day this year, according to a manager. The company opened the order books for the EQC just a few days ago.
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The U.S.-owned subsidiary of the South Korean battery cell manufacturer LG Chem has filed two lawsuits in the USA against its South Korean competitor SK Innovation. The accusation: Employees hired by LG Chem are said to have disclosed business secrets of the company.
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Audi has reduced the e-tron production target for this year at its Brussels plant by more than 10,000 units to 45,242 units, due to supply issues. Also, production of Audi’s second electric model, the e-tron Sportback, is to be postponed until 2020.
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VinFast has established a joint venture with LG Chem to produce battery packs for the Vietnamese start-up’s electric scooters and future electric cars. The two companies already signed a letter of intent in September 2018 to cooperate on EV batteries.
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Audi is reportedly having problems with the battery supply from the supplier LG Chem for their electric e-tron. Audi is therefore currently only able to produce about half of the originally announced 300 e-tron units per day at its plant in Brussels.
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The Canadian manufacturer Lion Electric, known for its electric school buses, is now starting the expansion of its range of commercial electric vehicles with the launch of its first electric truck in the US vehicle category of Class 8.
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The Volkswagen Group has just announced that over the next ten years it will build 22 million electric vehicles on company-owned electric-platforms, which means some seven million more than previously planned. It will also increase the number of electric models.
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Volkswagen’s presumed plans to enter the mass production of battery cells for electric cars with the support of its Korean partner SK Innovation are apparently being torpedoed by the other cell suppliers who have been active for Volkswagen to date.
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The European Commission has authorised Polish investment aid of €36 million for a new LG Chem plant in the south-western region of Poland, Dolnośląskie (Lower Silesia). This corresponds with recent rumours about a project by the Korean company.
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Nissan has set a new date for finally introducing the lastly delayed new Leaf EV with 60 kWh battery. Our colleagues in Germany gathered information in dealer circles, more precisely at a Nissan event last night. There the Japanese carmaker informed its partners that the Leaf will debut at the CES in Las Vegas on […]
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South Korean battery maker LG Chem is planning to triple their production capacities in Poland in order to produce enough battery cells for 300,000 EVs annually, over the current 100,000 units. The recent order by Volkswagen bolsters LG’s expansion.
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Analysts from UBS teamed up with engineers to figure out which electric vehicle batteries made by established manufacturers offer the best value. They concluded that cells made by Panasonic in Tesla’s Gigafactory are 20 per cent more cost efficient than the next best on offer from LG Chem.
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Germany’s Federal Minister for Economic Affairs and Energy, Peter Altmaier, wants to have about 30% of global battery production in 2030 take place in Europe. What this would entail in terms of factories is described below.
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