Tag: LG Energy Solution

Apr 12, 2021 - 11:31 am

SK Innovation & LG Energy Solution settle US legal battle

South Korean battery cell manufacturers SK Innovation and LG Energy Solution have reached a settlement in their year-long legal dispute. Both companies agreed to stop all legal proceedings in the US and South Korea and to refrain from suing each other for the next ten years.

Weiterlesen

– ADVERTISEMENT –


Mar 12, 2021 - 01:26 pm

LG aims for 110 GWh cell production in the USA by 2025

The South Korean battery cell manufacturer LG Energy Solution has announced that it will invest more than 4.5 billion US dollars (just under 3.8 billion euros) by 2025 to expand its production capacities in the USA by 70 GWh to 110 GWh. At least two new factories are planned.

Weiterlesen
Mar 10, 2021 - 12:02 pm

LG to supply 4680 battery cells for Tesla

It looks like LG Energy Solution will produce the new large-format 4680 cells for Tesla from 2023. Production sites in the US and Europe are being considered to supply the Tesla plants there, yet a supply agreement has not been signed so far.

Weiterlesen
Mar 5, 2021 - 12:02 pm

GM invests in battery cell production in the USA

General Motors is planning to build a second plant in the US to manufacture battery cells for electric vehicles as part of its joint venture with LG. In response to a media report that GM was close to making a decision, the carmaker itself confirmed the plans.

Weiterlesen
Mar 4, 2021 - 11:43 am

UBS disassembles & analyzes ID.3

UBS analysts have disassembled a VW ID.3 and come to the conclusion that the MEB platform is “fully competitive” with Tesla in terms of cost. VW achieves “first-class energy density, efficiency and scalability”. That being said, when it comes to the battery and its costs, Tesla remains ahead.

Weiterlesen
Feb 19, 2021 - 11:45 am

South Korea aims to push EV innovation

The South Korean government, in close cooperation with the industry, has decided to push technological innovations in the field of e-mobility so strongly that the prices for electric cars will drop by the equivalent of at least 7,500 euros by 2025.

Weiterlesen
Feb 16, 2021 - 02:43 pm

Nissan may convert factory in Barcelona to battery production

Nissan’s car plant in Barcelona that the carmaker announced last year would close, could be transformed into a battery production plant for electric cars to save thousands of jobs, according to a media report. There are said to be prominent interested parties already.

Weiterlesen
Dec 2, 2020 - 11:46 am

LG Chem completes battery spin-off

LG Chem has now officially completed the spin-off of its battery division. The new company is apparently also going to significantly increase the production of battery cells for Tesla, which will include Giga Berlin in Germany.

Weiterlesen
Found on electrive.com
https://www.electrive.com/2021/04/18/gman-lg-invest-2-3-million-dollars-in-second-battery-plant/
18.04.2021 22:32