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.
LG Energy Solution (LGES) has reportedly finalized an agreement with Japan's Isuzu Motors to supply the 21700 cylindrical batteries, a deal estimated by South Korean industry insiders...
South Korean battery maker LG Energy Solution (LGES) is using single-crystal small-grain cathode materials in batteries, to increase the driving range of electric vehicles.
South Korean battery makers are expected to increase production capacity significantly in 2024. With its expansion in China and Hungary, SK On will see its capacity grow by 70%. LG...
LG Energy Solution is said to have shifted its focus to 46-series battery cells, which are 46mm in diameter. Industry sources in South Korea said the battery maker is working on a...
The US Department of Energy announced on November 15 that it will offer US$3.5 billion of funding to facilitate domestic battery and battery materials production. The news came as...
Slower EV adoption growth has terminated a joint battery investment of Ford, Koc Holding, and LG Energy Solution in Turkey. Ford and SK On will also delay their joint battery plant...
Global EV demand deceleration will likely affect the sales of battery companies. South Korean battery industry sees the decline as an opportunity to review and restructure their businesses...
South Korea's major battery manufacturers, in response to the demands of the global automotive industry, will require battery material suppliers to provide materials meeting the RE100...
LG Energy Solution has added Toyota Motor as a new customer. The South Korea-based battery maker will build new dedicated production lines in the US to make high-nickel NCMA batteries...
In two exclusive reports by Reuters, which cited multiple sources, India is reportedly talking with Tesla for the latter's Powerwall business to be set up in India, including manufacturing...
After the reconfiguration of global supply chains, it will mark the beginning of Taiwan's great navigation era, and the trend of large-scale supply chain relocation has made supply...
South Korean carmaker Hyundai Motor and battery company LG Energy Solution have committed another US$2 billion to their joint battery cell manufacturing facility in Georgia, the US...
