Credit to Author: Jo Borrás| Date: Sat, 14 Jan 2023 16:20:23 +0000
Honda deepens its commitment to Ohio with a new, $3.5 billion investment that’s set to bring a new factory and 2,200 new jobs to the state.
Credit to Author: Steve Hanley| Date: Tue, 13 Dec 2022 15:40:12 +0000
In an interview with Bloomberg, LG Chem CEO Shin Hak-Cheol discusses the challenges he faces to comply with the IRA.
Credit to Author: Jo Borrás| Date: Wed, 07 Dec 2022 18:15:28 +0000
Ultium Cells LLC, the battery-making JV between LG Chem and GM, has announced plans to invest an additional $275 million in its Spring Hill, TN, plant. The cash infusion is expected to increase the plant’s battery production capacity by more than 40% (from 35 gigawatt-hours to 50 GWh), and create more than 400 new jobs. […]
Credit to Author: Steve Hanley| Date: Tue, 22 Nov 2022 08:10:03 +0000
The Inflation Reduction Act continues to drive new investment in America, just as it was intended to do. LG Chem announced this week it will build a new $3 billion cathode manufacturing facility in Clarksville, Tennessee. When complete, it will be the largest factory of its kind in the United States. The Clarksville facility will […]
Credit to Author: Zachary Shahan| Date: Wed, 12 Oct 2022 02:03:54 +0000
The EV battery world has changed a lot in the past few years. Let’s start with the 10 largest EV battery manufacturers through most of 2022, but then also look at how this list is different from a few years ago. As you can see above, CATL (Contemporary Amperex Technology Co. Limited) is the big […]
Credit to Author: Jennifer Sensiba| Date: Fri, 29 Jul 2022 15:56:13 +0000
GM and LG Chem recently announced a binding agreement for the supply of Cathode Active Material (CAM). The deal will assist GM in meeting its increased EV production demands. CAM is a significant battery component made up of processed nickel, lithium, and other substances that account for around 40% of the cost of a battery […]
Credit to Author: Johnna Crider| Date: Sat, 30 Apr 2022 22:37:29 +0000
LG Chem and LG Energy Solution recently recognized Li-Cycle as their preferred lithium-ion battery recycling partner in North America, just as Li-Cycle completed its commercial agreements with LG Energy Solution. On Thursday, April 21, Li-Cycle held a signing ceremony which marked the completion of the commercial agreements. The three companies entered into the collaboration in […]
Credit to Author: Steve Hanley| Date: Wed, 26 Feb 2020 19:20:11 +0000
Many of the world’s automakers are finding they don’t have enough batteries available for the electric cars they are building. Audi last week reportedly shut down it e-tron factory for 4 days because of a battery shortage.
Credit to Author: Kyle Field| Date: Thu, 20 Feb 2020 13:00:15 +0000
Span, maker of the smart electrical panel, has partnered with LG to develop a fully integrated electrical and energy management system for the home. The new offering will integrate Span’s smart panel and LG’s RESU energy storage units to give homeowners unprecedented control over their energy to enable them to use it when the want, how they want
Credit to Author: Matt Pressman| Date: Sat, 01 Feb 2020 06:06:23 +0000
Tesla’s Q4 2019 earnings call sent the stock into orbit during after-hours trading and in subsequent days. For a quick overview of the company’s financials, check the source — Tesla’s official Q4 and FY2019 update. Meanwhile, I was furiously taking notes during the company’s conference call, which had engaging questions from retail investors (via the innovative SAY.com platform), and assorted Wall Street analysts.