73 Articles
Ford to open EV battery tech center in move toward in-house production

Ion Park will be its new electric innovation hub in southeast Michigan

Biden sees a win for U.S. as EV battery makers settle bitter dispute

SK Innovation had threatened to scrap Georgia factory plan in feud with LG Energy

Biden faces deadline in EV battery battle between LG Chem, SK Innovation

Administration could weigh in on the trade-secrets dispute today

U.S. trade commission says SK Innovation didn't infringe LG Energy's EV patents

A ruling went the other way in February, and SK threatens to leave the U.S.

Hyundai profit takes hit over big EV recall, but LG Chem will pay for most of it

Battery systems will be replaced in 82,000 electric cars

Ford CEO Jim Farley asks LG Chem, SK Innovation to bury the hatchet

Automakers and U.S. workers need them to end their trade-secrets feud, he says

LG Chem to triple its EV battery production capacity

Is developing a powerful new 'form factor' that sounds like Tesla's 4680

Electric vehicle battery maker LG Chem plans to triple production capacity for cylindrical batteries used by Tesla and others, and is considering expansion in Europe and North America to meet surging demand, it said on Wednesday. The South Korean firm forecast a further rise in its battery sales and profit in the fourth quarter after posting record quarterly earnings thanks to growing demand for electric vehicle (EV) batteries. "Sales are continuously expected to grow thanks to greater shipmen

VW and Ford warn Korean battery feud could lead to 'catastrophic' supply disruption

Trade secrets lawsuit threatens battery production for electric F-150, other EVs

Volkswagen and Ford said a U.S. legal row between South Korean battery makers could disrupt supplies of the key electric vehicle parts and cost U.S. jobs during the Covid-19 outbreak, according to documents submitted to a U.S. trade panel. The two automakers asked the United States International Trade Commission (ITC) to allow SK Innovation to manufacture batteries at its proposed U.S. factory in Georgia for use in Ford’s fully electric F-150 and other electric cars, the statements

GM, LG Chem announce EV battery joint venture in Lordstown, Ohio

$2.3 billion investment will create 1,100 jobs

SEOUL/WASHINGTON (Reuters) - South Korea's LG Chem said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors . An LG Chem spokesman confirmed an earlier Reuters report on the joint venture, but declined to give details. One source familiar with the matter told Reuters earlier that the facility, expected to be located in the Lordstown area of Ohio, would see investment of more than $2 bi

Feuding Korean firms risk disrupting electric car battery supplies

Dueling lawsuits from SK Innovation and LG Chem threaten EV launch schedules

In 2018, South Korea's SK Innovation beat its larger, local rival LG Chem to a multibillion dollar deal to supply German carmaker Volkswagen with electric vehicle batteries in the United States. With great fanfare, SK Innovation (SKI) broke ground in March on a $1.7 billion (£1.3 billion) factory in Commerce, Georgia, about 200 km from VW's Chattanooga plant, which will be the automaker's electric vehicle hub in the United States. LG Chem (LGC) had other ideas.

LG Chem considering building second U.S. EV battery plant, say sources

It could mean a $1.7B investment starting in 2022

SEOUL/DETROIT (Reuters) - South Korean electric vehicle (EV) battery maker LG Chem is considering building a second U.S. factory, three people familiar with the matter said, accelerating a race to add capacity to meet growing global demand for green vehicles. LG Chem, one of the leading EV battery makers in the world that counts General Motors and Volkswagen among its customers, is weighing investing about 2 trillion won ($1.70 billion) in the plant that could begin production in 2022, one of t

Volvo signs billion-dollar EV battery deals with Asia's LG Chem, CATL

Volvo plans to get half its sales from fully electric cars by 2025

Volvo plans to get half its sales from fully electric cars by 2025.

Audi E-Tron EV crossover faces four-week delay because of software bug

Another snag: LG Chem wants to hike its battery prices 10 percent

Another snag: LG Chem wants to hike its battery prices 10 percent.

GM promises to add 20 EVs and fuel-cell cars to lineup, paid for by SUVs

"General Motors believes in an all-electric future."

"General Motors believes in an all-electric future."

Nissan may be getting out of the battery business

It could sell its share of AESC to a Chinese venture capital firm.

Where will Nissan get its future batteries?

Faraday Future will have 'highest energy density' with LG Chem battery

Partnership announcement shows Faraday getting more and more serious.

Will 'LG Chem inside' be the calling card of this early EV era?

The Chevy Bolt is now coming to life in LG Electronics' facilities

LG reached a six-year agreement last year to be a parts supplier for the Bolt.

South Korea-based LG preps to make about a dozen parts for the Chevrolet Bolt electric vehicles.

Tesla talking to LG Chem, other suppliers, for more batteries

Tesla might be interested in more battery suppliers as it gets ready for production of the Model 3.

Tesla is reportedly in talks to widen its supply chain for lithium-ion batteries. Those 500,000 EVs won't build themselves in 2018.

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