Tag: LG Energy Solution

Oct 12, 2022 - 02:55 pm

Honda ramps up US battery production and electric car plants

Honda has announced two major investments in the US state of Ohio. 700 million US dollars will flow into the conversion of three existing car and powertrain plants for the production of electric cars. Another 3.5 billion US dollars will be invested in the joint venture with LG Energy Solution (LGES) for the construction of […]

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Sep 23, 2022 - 03:17 pm

LGES orders lithium and cobalt from Canada

Battery manufacturer LG Energy Solution has signed cooperation agreements with three major suppliers in Canada for the supply of lithium and cobalt. The supply contract for cobalt sulphate is already binding, while the two lithium agreements still have to be finally negotiated.

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Aug 8, 2022 - 12:17 pm

One third of the world’s EV batteries come from CATL

According to an analysis by the market research company SNE Research, electric vehicle batteries with a total capacity of 203.4 GWh were installed worldwide in the first half of 2022. The leading supplier was CATL with 70.9 GWh or a market share of 34.8 per cent.

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Jul 26, 2022 - 01:31 pm

US DoE to loan Ultium Cells $2.5 billion

The US Department of Energy has announced that it will provide a $2.5 billion loan to the battery joint venture between General Motors and LG Energy Solution. Ultium Cells will use the money to finance the construction of new battery cell production facilities.

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Jul 4, 2022 - 02:53 pm

LGES orders lithium from the USA

South Korean battery manufacturer LG Energy Solution has signed its first offtake agreement with a US-based lithium supplier. The agreement with Compass Minerals, which is still non-binding, provides for LGES to be supplied with lithium carbonate and lithium hydroxide from 2025.

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Jun 14, 2022 - 02:33 pm

LG Energy Solution to build 4680 cells in Ochang

LG Energy Solution has announced the construction of a new production line at its Ochang plant in South Korea for 4680 round cells. The line is expected to have an annual production capacity of 9 GWh – and apparently produce cells for Tesla.

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Apr 6, 2022 - 01:58 pm

NHTSA investigates LG ES battery recalls

The US Federal Highway and Vehicle Safety Administration is moving to investigate LG Energy Solution’s faulty battery cells that led to fires in electric cars and plug-in hybrids. The National Highway Traffic Safety Administration wants to ensure that all defective batteries have been recalled by car manufacturers.

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Mar 25, 2022 - 01:57 pm

LGES to build battery plant in Arizona

LG Energy Solution (LGES) has announced another battery factory in North America. The production facility for the manufacture of cylindrical battery cells for use in electric vehicles is to be built in Queen Creek in the US state of Arizona. LG is investing 1.7 trillion won (about 1.3 billion euros) for it.

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Mar 24, 2022 - 02:44 pm

LG Energy Solution to expand Michigan plant

LG Energy Solution is planning to expand its own battery factory in Holland in the US state of Michigan. With investments amounting to 1.7 billion US dollars, the production capacity for battery cells and battery packs is to be increased fivefold there.

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Mar 24, 2022 - 02:21 pm

Stellantis & LG ES to build battery factory in Canada

Stellantis and LG Energy Solution have unveiled plans to build a large electric vehicle battery manufacturing facility in Canada. A joint venture is to be set up to produce battery cells and modules at the new factory in Windsor in the Canadian province of Ontario.

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Mar 8, 2022 - 02:26 pm

LG ES acquires license for new cathode materials

LG Energy Solution has acquired a license from the US company CAMX Power for the intellectual property of its ‘GMEX platform’. The South Korean battery cell manufacturer is primarily interested in nickel-based cathode materials for use in lithium-ion batteries.

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Feb 16, 2022 - 12:40 pm

Tesla signs lithium supply deal with Liontown

Tesla has signed another offtake agreement for lithium. Australia-based Liontown Resources says it has signed a five-year agreement with Tesla to supply lithium-spodumene concentrate from its Kathleen Valley project in Western Australia.

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Feb 8, 2022 - 03:34 pm

CATL outgrows the battery competition

CATL was the world’s largest manufacturer of batteries for electric cars for the fifth consecutive year in 2021, according to figures from market research firm SNE Research. With an installed capacity of 96.7 gigawatt-hours, CATL achieved a 32.6 per cent share of the global market for lithium-ion car batteries in 2021.

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Jan 31, 2022 - 02:03 pm

Li-Cycle announces two new recycling plants

The Canadian battery recycling company Li-Cycle has announced its first factory outside North America, in Norway. What is more, the company is building another recycling factory in North America in cooperation with GM’s Ultium Cells. The plant will be Li-Cycle largest facility to date.

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Dec 15, 2021 - 02:01 pm

Li-Cycle and LG enter into recycling and nickel agreement

The Canadian battery recycler Li-Cycle has concluded a still non-binding memorandum of understanding with South Korea’s LG Chem and its battery division LG Energy Solution for the supply of scrap from battery production and complete lithium-ion batteries for recycling as well as for the purchase of nickel.

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Oct 18, 2021 - 12:08 pm

Stellantis & LG ES announces battery joint venture

Stellantis and LG Energy Solution have announced a joint venture to manufacture battery cells and modules in North America. A factory with an annual production capacity of 40 GWh is planned to go into operation in the first quarter of 2024.

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Oct 6, 2021 - 03:17 pm

LG ES secures lithium supply with Sigma Lithium

The Canadian mining company Sigma Lithium has concluded a long-term purchase agreement for battery-grade lithium concentrate with the Korean battery manufacturer LG Energy Solution. The deliveries are scheduled for 2022 to 2027.

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Found on electrive.com
https://www.electrive.com/2022/10/12/honda-ramps-up-us-battery-production-and-electric-car-plants/
12.10.2022 14:32