GM to Invest $275 Million More, Create 400 New Jobs in Tennessee

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. […]

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LG Chem To Build $3 Billion Battery Cathode Factory In Tennessee

Credit to Author: Steve Hanley| Date: Tue, 22 Nov 2022 08:10:03 +0000

LG Chem TennesseeThe 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 […]

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The 10 Biggest EV Battery Manufacturers In The World (2022)

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 […]

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LG Chem & General Motors Reach Agreement For Long-Term Supply Of Cathode Active Material To Support EV Growth

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 […]

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LG Chem & LG Energy Solution Recognize Li-Cycle As North American Preferred Battery Recycling Partner

Credit to Author: Johnna Crider| Date: Sat, 30 Apr 2022 22:37:29 +0000

LG Chem. LG Energy Solutions & Li-CycleLG 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 […]

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Lack Of Batteries Forces Audi To Curtail Production Of e-tron Electric SUV — Who Would’ve Predicted It?

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.

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Span Partners With LG On Intelligent Breaker Panel & Energy Storage

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

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Elon Musk: “Alien Technology” Is Coming

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 platform), and assorted Wall Street analysts. 

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