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NEWS TAGGED LGES
Wednesday 1 March 2023
Honda and Stellantis respectively broadens EV footprint in the US
Honda and Stellantis made progress on their EV ambition in North America, respectively. The Japan-based automaker broke ground on the joint battery plant with LG Energy Solution in...
Wednesday 22 February 2023
LGES to build battery plant with Ford, Koc Holding in Turkey
LG Energy Solution made progress in gaining a global presence. The South Korean battery maker announced a non-binding memorandum of understanding on February 21 with Ford and Turkish...
Monday 20 February 2023
LGES retains crown in 2022 non-Chinese global EV battery usage
South Korea-based research firm SNE Research recently released an analysis of non-Chinese global EV battery usage in 2022. LG Energy Solution topped the list again with a market share...
Wednesday 8 February 2023
BYD and LGES rivals in 2022 global battery usage
Global EV battery usage increased by 71.8% from 2021 to 2022, according to South Korea-based SNE Research. BYD reached the same battery installation level as LG Energy Solution last...
Friday 27 January 2023
BYD surpasses LGES to become second-largest global maker of EV batteries
China-based BYD has surpassed South Korea-based LG Energy Solution (LGES) to become the globally second-largest maker of power batteries used in electric vehicles (EVs) and PHEVs...
Monday 16 January 2023
LGES and Honda to build joint battery plant in Ohio
South Korean battery maker LG Energy Solution and Japan-based Honda Motor have decided to build their joint battery plant in Ohio, the US. They plan to start construction early this...
Monday 16 January 2023
Foxconn EV roadmap stretches well from a small town in US
Foxconn Technology (Hon Hai) has set electric vehicle (EV) production as the core of its 3.0 transformation scheme, and its Ohio EV plant acquired from Lordstown Motors will be playing...
Monday 9 January 2023
Market Cap 100: China-based car OEMs proceed on bumpy 2022
The year 2022 did not go easy on the automotive industry. Most companies saw their market capitalization shrink due to worldwide inflation, chip shortages and other supply chain disruptions...
Thursday 5 January 2023
Market Cap 100: TSMC retains top-ranked status
Taiwan Semiconductor Manufacturing Company (TSMC) retains its top-ranking status in the Asia Supply Chain Market Cap 100 ranking conducted by DIGITIMES Research for 2022.
Tuesday 13 December 2022
Ultium Cells receives financial boost for new battery plants in US
General Motors and LG Energy Solution's battery joint venture got a US$2.5 billion loan from the US government. The loan will support Ultium Cells' three battery projects in Ohio,...
Friday 9 December 2022
Honda secures 123GWh battery supply from CATL
Honda Motor received a supply boost in China. The automaker and CATL announced an agreement to offer the former 123GWh of batteries in China starting in 2024. The purchase will facilitate...
Tuesday 6 December 2022
China-based battery makers see triple-digit growth in global installation volume
Asian EV battery companies dominate the market, with China-based manufacturers leading the pack. According to SNE Research, almost all Chinese battery makers that enjoyed the highest...
Monday 5 December 2022
GM, LGES to increase battery production in the US; Volkswagen explores Canadian cell site
The EV battery production ramp-up in North America continues: General Motors and LG Energy Solution announced that they will raise cell production by 40% at a joint plant in Tennessee,...
Wednesday 23 November 2022
Korean battery maker rumored to partner with Chinese maker to expand LFP in US
There have been market rumors about a Korean lithium battery maker planning to work together with a Chinese maker to complement each other's technical advantages even before the US...
Thursday 13 October 2022
Honda, LGES to invest US$4.4 billion to make EV batteries in Ohio
Honda Motor and Korea's LG Energy Solution (LGES) plan to spend US$4.4 billion to build electric vehicle (EV) batteries at a new joint venture in Ohio, part of project by the automaker...
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