South Korea-based LG Energy Solution has revealed a schedule for the volume production of its 46800 battery, which will likely first support Tesla. Media reported that EV makers Rivian...
LG Energy Solution (LGES) will start the mass production of its 46800 batteries in August 2024 at the soonest. Besides Tesla, the battery maker has been in touch with other customers...
Samsung Electronics chairman Lee Jae-yong recently visited Malaysia to check the group's local battery production. He emphasized that it is critical to keep investing in the battery...
Canada is following in the footsteps of various countries to participate in the ongoing reshoring recalibrations for the semiconductor supply chains and develop its competitiveness...
China-based EV maker BYD will likely establish a production base in Mexico, which could help establish its presence in North America and facilitate its entry into the US later. As...
BYD released a forecast about its 2023 financial performance at the end of January. The EV maker's net profits will not meet the market-expected CNY31.5 billion (US$4.41 billion)...
Mobility remained one of the highlights at CES 2024. This year, more companies focusing on autonomous driving, generative AI, EV charging, flying cars, drones, sensors, and micro-mobility...
Relentless efforts by China's new energy companies to control their sectors by undercutting the competition at home and abroad prevent innovation as non-Chinese firms cut R&D...
The EV business brought significant profits for Panasonic Holdings. According to Panasonic, NHK, and Nikkei, the group saw its consolidated revenue grow by 1.2%...
As China-based BYD announced a US$1.3 billion investment in Indonesia, Hyundai Motor, which sees the country as a critical market, will likely take a countermeasure. The South Korean...
Nissan plans to manufacture the cheaper LFP batteries in Japan. Starting in 2026, the automaker will use the batteries to power EVs sold in emerging markets.
Amid signs of a slowdown in demand for EVs and industrial uncertainties, South Korean-based battery makers remain committed to their global production expansion plans.
