Tag: LGES

Dec 13, 2022 - 02:35 pm

Ultium Cells receives $2.5 bn in DoE funding

Ultium Cells, the General Motors joint venture with LG Energy Solutions (LGES), has received $2.5 billion through the US Department of Energy (DoE). Ultium Cells is reportedly working to set up at least three battery cell factories in the USA.

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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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Dec 12, 2021 - 03:07 pm

Vulcan Energy buys geothermal plant to power lithium extraction

The Australian-German lithium startup Vulcan Energy Resources has acquired a geothermal power plant in Germany for €31.5Mn ($35.7Mn). Vulcan wants to upgrade the 4.8 MW Insheim plant previously owned by local utility Pfalzwerke to set up a new test facility for low-carbon lithium production.

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Found on electrive.com
https://www.electrive.com/2022/12/13/ultium-cells-receives-2-5-bn-in-doe-funding/
13.12.2022 14:45