LG Energy Solution to Supply LFP EV Batteries to Renault Group’s Ampere
LG Energy Solution (KRX: 373220) today announced that it will supply LFP pouch-type EV batteries to Ampere, the EV pure player born from Renault Group, its long-time customer. The two companies signed the supply agreement at Renault’s Paris headquarters in…
Battery Maker LG Energy Solution Projects Slowdown of Global EV Market
South Korean battery maker LG Energy Solution (LGES) on Friday predicted slowing growth in the global electric vehicle (EV) market this year, signalling further challenges ahead amid intensifying competition from Chinese rivals. The supplier of Tesla, General Motors, Volkswagen and…
LGES to Supply NCM Li-ion Modules for ICPT’s E-bus Battery System
South Korean battery company LG Energy Solution (LGES) has signed a supply agreement for NCM lithium-ion battery modules with Impact Clean Power Technology (ICPT), a supplier of heavy-duty battery systems for public transportation. Under the agreement announced by the two…
LG Energy Solution Invests $3B In US Battery Manufacturing Expansion
The battery supply deal is part of Toyota’s push to produce 3.5 million battery EVs a year by 2030. To support the push, the automaker announced plans last month to triple its annual EV production target to 600,000 vehicles in…
LG Energy, Toyota Announce Longterm U.S. EV Battery Deal
LG Energy and Toyota said Wednesday they’ve reached a long-term agreement to supply batteries for electric vehicles in the United States. Under the deal, LG will supply Toyota with 20GWh of high-nickel NCMA battery modules beginning in 2025.LG Energy will…
Hyundai, LG Energy Solution To Invest US$7.6 Billion In New US Factory
The total investment scale for the electric vehicle-specific factory and battery cell joint venture factory that Hyundai Motor Group and LG Energy Solution are building in the state of Georgia in the U.S. has been confirmed at US$7.59 billion. This…
LG Kicks Off Colossal Ramp-Up Of US Factories For EV And Grid Batteries
The U.S. clean energy sector is transforming from an import-based industry to one that builds equipment domestically, bolstered by supportive policies in the Bipartisan Infrastructure Law and the Inflation Reduction Act. As Canary Media reported recently, U.S. battery manufacturing is on track…
Jaguar Is Recalling I-Pace Electric SUVs Because The Batteries Can Catch Fire
Jaguar is recalling more than 6,000 I-Pace electric SUVs in the U.S. due to the risk of the high-voltage battery catching fire, and it’s telling owners to park them outdoors. The recall is the latest in a series of electric vehicle battery recalls because…
