Renault's major push to become a force amongst EV players
June 29, 2021The Renault Group has announced its strategy for EV battery design and production in France. A major part of the strategy comes to life through the signing of two major partnerships as well as the development of a gigafactory by 2024.
LG Chem invests in Chinese copper laminate company
May 18, 2021In a move to strengthen its position in the value chain for batteries, LG Chem is investing KRW 40 billion (EUR 29 million) in China’s Jiujiang DeFu Technology (DeFu), a manufacturer of copper laminate, a core part of secondary batteries.
Another investment related to battery production in Hungary
December 15, 2020Iljin Materials, a South Korean manufacturer of elecfoil, will establish its first European production unit in Hungary, where copper thin foil will be produced for batteries of electric cars.
General Motors invests in its electric future
October 22, 2020General Motors says that its Spring Hill, Tennessee assembly plant will begin the transition to become the company’s third vehicle manufacturing site to produce electric vehicles. The automaker also says that it will invest heavily in five Michigan plants.
LS Cable & System looking to expand with additional plant in Poland
October 08, 2020The South Korean manufacturer is looking to expand its European production arm, LS EV Poland, and has reportedly acquired a 30’000 square metre plant site in Dzierzoniow, Poland.
LG Chem says it will split its battery business.
September 17, 2020This will be a physical division in which LG Chem will possess all of the stocks issued by the new battery corporation and the company will possess 100% of the non-listed shares of the new corporation.
Chinese polarizer manufacturers to occupy over 40% of global production capacity
July 21, 2020The display panel industry is expected to see limited growth in large-sized panel input area in 2020 due to the COVID-19 pandemic’s impact and the continued reduction of LCD production capacity in Korea, according to TrendForce’s latest investigations.
Tesla plans battery manufacturing facility in California
June 25, 2020Electric car manufacturer Tesla plans to build a battery research and manufacturing facility in Fremont, California. N, to be operated around the clock, Under a project dubbed Roadrunner, documents from the city government also reveal a potential 24/7 operation at the facility.
New electric vehicle battery cell facility in Lordstown
June 05, 2020Construction has started with ground prep activities for the future site of the Ultium battery cell manufacturing facility in Lordstown.
European EV battery production gets a boost from the EIB
March 27, 2020The European Investment Bank (EIB) has signed a EUR 480 million loan agreement with LG Chem Wroclaw Energy, the Polish subsidiary of the LG Chem Group that was established to develop the group’s battery production facility in Europe.
Volvo Cars inaugurates new battery assembly line at Ghent plant
March 05, 2020Volvo Cars has formally inaugurated a brand new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year.
Lucid inks battery partnership with LG Chem
February 27, 2020Silicon Valley-based EV maker Lucid has finalized a partnership with LG Chem that will supply battery cells for standard versions of the Lucid Air through 2023.
GM: Detroit-Hamtramck to be EV assembly only
January 27, 2020GM announced today a USD 2.2 billion investment at its Detroit-Hamtramck assembly plant that will make it the automaker’s first facility completely dedicated to EV auto assembly.
General Motors, LG Chem partner in Ohio
December 06, 2019General Motors and LG Chem have announced plans to form a joint, equally-owned company to mass-produce electric vehicle battery cells.
Hawaiian market continues to accelerate for Eguana
October 31, 2019Eguana Technologies says it has received USD 1.8 million in new orders in addition to the USD1.1 million announced in September as the Hawaiian market continues to grow.
Eguana provides update on shipments and Jabil transition
October 24, 2019Eguana is providing an update on its recent shipments and operational activities, conforming gross sales of about CAD 1.8 million from shipments in August and September, double the value of shipments made in the third fiscal quarter.
Umicore partners with LG Chem for the supply of NMC cathode materials
September 26, 2019Umicore and LG Chem have concluded a multi-year strategic supply agreement for NMC (Nickel Manganese Cobalt) cathode materials to serve LG Chem’s needs out of Umicore plants in Poland, Korea and China.
Universal Display Corporation partners with LG Chem
September 05, 2019Universal Display Corporation and LG Chem, have entered into a strategic OLED host partnership. Expanding on its decade-long partnership, Universal Display (UDC) and LG Chem will work together to develop and commercialize red, green and yellow OLED host materials.
Geely & LG Chem to set up JV to produce batteries in China
June 13, 2019Shanghai Maple Guorun, an indirect 99% owned subsidiary of Geely Automobile, the listed arm of Geely Auto, are establishing a new joint venture partnership with LG Chem of South Korea.
Volvo inks battery supply deals with CATL and LG ChemLoad more news
May 15, 2019Volvo Car Group says that it has signed long-term agreements with battery makers CATL and LG Chem to ensure the multi-billion dollar supply of lithium ion batteries over the coming decade.