LG is expanding into the electric vehicle (EV) charging business with the acquisition of AppleMango, a South Korean EV battery charger developer. The purchase will allow LG to skip developing their own technology and enter […]
According to a report by The Elec in South Korea, both LG Innotek and Samsung Electro-Mechanics are competing for Tesla camera model contracts. So far, LG Innotek has had around 60 to 70 per cent […]
Canada’s Magna International and LG Electronics announced a joint venture late last year, forming a new company named LG Magna e-Powertrain. The partnership was an attempt to leverage the strengths of each of the companies […]
SK Innovation agreed to pay $1.8 billion USD to LG Energy Solutions in a confirmed settlement. The payment will be split between cash and royalties. The two South Korean companies have been spatting over the […]
LG Energy Solutions aims to build Tesla 4680-cells by 2023. To support this, LG is considering potential production sites in both Europe and the United States. The new potential production sites would produce the 4680 […]
