General Motors (GM) has announced a $19 billion supply contract with LG Chem. This partnership between the South Korean chemical company and the Detroit-based automaker is set to run from 2026 to 2035. Under the […]
LG Chem has announced it will invest $3.2 billion to build a battery cathode factory in Montgomery County, Tennessee. When built it will be the largest facility of its kind in the US and will […]
General Motors officially announced two new long-term battery-related agreements with Livent and LG Chem. The new deal with LG Chem will see the Korean company supply 968,000 tons of cathode material to GM. The deal […]
The Windsor Essex region in Ontario has lost the opportunity for a $2 billion LG Chem plant, but the reason behind the decision is a bit of a headscratcher. As per the head of Invest […]
Tesla will soon begin to use LG Chem‘s latest lithium-ion cells that contain the company’s new NCMA (Nickel, Cobalt, Manganese, Aluminum) cathode materials at Giga Shanghai. According to a report by Business Korea, the supply […]
Nissan will invest $1.8 billion in building new EV plants in the UK and Japan. The Japanese automaker will partner with a Chinese-owned battery maker to produce batteries for 700,000 vehicles. The plants will go […]
General Motors (GM) and South Korea’s LG Chem will reportedly announce plans on Friday to build a massive new EV battery plant in the US. According to industry sources who spoke to Reuters, the deal […]
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 […]
LG Energy Solutions – a subsidiary of LG Chem – is currently converting some of its production lines to produce 4680 batteries for Tesla. According to South Korean reports, LG has already installed assembly and […]
