Kona owners unhappy with software fix
The Kona Electric battery fires now have resulted in legal repercussions for Hyundai. Around 200 owners of the model have filed a class action lawsuit against the Korean car manufacturer.
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LG Chem may supply cells for Tesla China Model Y
According to Chinese media reports, Tesla has signed a contract with LG Chem to supply battery cells for the Model Y made in China. Specifically, LG Chem will supply NMC cells for the Long Range and Performance versions of Tesla’s midsize SUV.
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LG Chem to invest in Nanjing battery factories
According to a South Korean media report, LG Chem will invest another 500 million US dollars in its battery cell factories in Nanjing, China, apparently to expand production capacity for Tesla.
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LG Chem to triple cylindrical battery cell production
LG Chem has announced that it will triple production capacity for its cylindrical battery cells used by Tesla and other OEMs. The Korean company is also considering expansion in Europe and North America to meet the growing demand.
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Battery joint venture taking shape in Indonesia
Several state-owned Indonesian companies are planning a joint venture for batteries for electric vehicles. The joint venture, called Indonesia Battery Holding, is to contribute to the development of the entire industry.
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Hyundai recalls 25,000 Kona models in Korea
In South Korea, Hyundai has had to recall around 25,000 Kona Electric for a faulty battery part. This follows around 13 incidents involving the LG Chem batteries of Kona electric cars. It is unclear if other markets are affected as well.
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Tesla considers a stake in LG Chem batteries
Tesla is considering taking a stake in LG Energy Solution, LG Chem’s planned battery subsidiary reports local media. Tesla has also signed a supply contract for lithium from the USA.
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LG Chem proves Li-sulfur battery stable in high flight
LG Chem of South Korea announces its newly developed lithium-sulfur batteries helped an unmanned aircraft (UAV) complete a test flight into the stratosphere. The drone with broad wings and solar cells also set a national altitude record.
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Good year for South Korean battery production
South Korean electric vehicle battery manufacturers more than doubled their market share between January and July 2020. In general, the market contracted by 16.8 per cent from 64.1 to 53.3 GWh capacity during the first seven months of the year due to corona.
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The Korean battery giants battle on
After a preliminary ruling in favour of LG Chem was issued in the U.S. regarding the legal dispute between the South Korean battery manufacturers LG Chem and SK Innovation, the legal dispute between the two companies continued in South Korea – and a ruling has been made.
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Audi CEO Duesmann claims e-tron battery issues solved
Due to delivery problems with battery cells, Audi had to stop production of the e-tron quattro in Brussels in spring. In an interview, the new Audi boss said that the problem has been solved and spoke about the goals of the Artemis project.
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Volvo invests in Circulor for blockchain technology
Volvo Cars has invested in Circulor, a British blockchain specialist so that the Swedish car manufacturer can make the origin of raw materials more transparent in future. The two companies have not disclosed the amount of the investment.
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LG Chem to produce Tesla cells in South Korea
LG Chem wants to convert part of its battery cell production in South Korea for the manufacture of Tesla batteries. According to a media report, the capacity at LG Chem’s plant in Nanjing, China, which has been supplying Tesla’s Shanghai Gigafactory up to now, is no longer sufficient.
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Korean e-mobility alliance launches startup competition
Hyundai, Kia and LG Chem have launched a start-up competition to identify promising newcomers in the field of e-mobility. The ‘EV & Battery Challenge’ calls domestic and foreign start-ups developing technologies and business models for EVs and batteries.
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LG Chem secures €500M for Polish factory expansion
Battery cell manufacturer LG Chem has signed loan agreements with three South Korean banks for a total of 700 billion won – equivalent to around 550 million euros – to finance the expansion of its production capacities in Poland.
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Audi is considering battery assembly in Germany
Audi is planning an assembly plant for electric car battery packs near its plant in Ingolstadt. The cells for this are to continue to come from LG Chem. The Korean battery manufacturer also received a loan from the EIB for the expansion of the plant in Poland to what they say will be the world’s […]
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Volvo launches battery assembly in Ghent
Volvo Cars has inaugurated a battery assembly line at its Belgian production site in Ghent. Batteries for the XC40 Recharge P8 will start rolling off assembly lines at the Ghent plant from March, while the production of the first electric Volvo is also scheduled to start in Ghent in the autumn.
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Lucid signs supply agreement with LG Chem
Lucid Motors has signed a long-term supply contract with LG Chem. The contract covers the supply of LG Chem battery cells for the standard version of the Lucid Air electric sedan until 2023.
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Renault Twingo Z.E. to be released this year
Renault has introduced the Twingo Z.E. and announced that sales are scheduled to launch at the end of this year. The battery-electric version of the small car will be equipped with an electric motor with 60 kW output and a water-cooled battery pack with a capacity of 21 kWh.
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Audi pauses e-tron production in Brussels
Audi is completely stopping production of the e-tron in Brussels for a few days due to supply chain issues. Short-time work has been announced for the plant, as the company has confirmed.
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LG Chem & SK Innovation battle over US battery supply
The US Trade Commission (ITC) has given a preliminary ruling on the legal dispute between the two South Korean battery manufacturers LG Chem and SK Innovation in the USA. The ITC has ruled in favour of LG Chem, and a final decision is expected by 5 October.
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Lack of batteries hinders Mercedes & halts I-Pace production
Jaguar is suspending production of its electric SUV I-Pace in Graz, Austria this week due to battery cell supply problems. The British firm gets its batteries from the LG Chem plant in Poland. Mercedes is also suffering from lack of battery cells among other issues.
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LG Chem & CATL to supply Tesla’s batteries in China
The Chinese battery cell manufacturer CATL has confirmed that it has signed a supply contract with Tesla. The final purchase volume for battery cells between July 2020 and June 2022 is to be determined at a later date based on actual orders.
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Audi makes changes in Brussels factory for e-tron
Audi is making some major personnel changes at their Brussels plant, where the e-tron quattro electric SUV is manufactured. The jobs of at least 145 temporary workers are to be put on hold. In the worst case, this lot could threaten up to 250 employees.
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Mercedes may be toning down EQC targets
According to a report, Daimler is said to have significantly reduced the sales targets of the Mercedes EQC for 2020 – mainly because of battery scarcity. The company denied this and maintains they are sticking to the original plans.
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LG benefits from China’s Model 3 policy
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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USA: GM launches battery cell JV with LG Chem
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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United we stand, divided we fall
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 sets up blockchain for tracing cobalt sources
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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More details on the SsangYong e-SUV
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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