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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

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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.

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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

Official
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.

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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.

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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."

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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?

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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.

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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.

Chevy Bolt EV's battery shows big improvements over Spark's

The 60-kWh Pack Offers More Than Just Range. It Offers Hints

With more details about the Bolt EV revealed today in Detroit, we can see just how fast plug-in vehicle technology is improving at GM.

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Tesla finds new battery supplier in LG Chem with Roadster upgrade

Rather than its usual partnership with Panasonic, Tesla is using cells from LG Chem for the upgrades to the Roadster's battery pack.

GM: Without LG Chem, we couldn't build Bolt EV [UPDATE]

OEM, Supplier Enter Into New Relationship To Build Electric Vehicle

GM engineers say that the evolving relationship with LG Chem is what's going to make the upcoming Bolt EV possible.

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Panasonic is EV battery king today, but watch out for LG Chem

Panasonic currently holds the highest market share in the EV battery industry, but LG Chem is rapidly making deals with automakers that could soon give it that crown.

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Audi developing EV batteries with LG Chem, Samsung SDI

Audi's fully electric SUV with a range of over 311-miles will have battery cells sourced from LG Chem and Samsung SDI. The suppliers will invest in Europe to make the components for the vehicle there.

Official
LG Chem ready to double workforce at plant that makes Volt batteries

Plant That Once Sat Idle Will Ramp Up

LG Chem holds job fair to double workforce at electric vehicle battery factory in Michigan.

Official
Next-gen Smart ED will use LG Chem battery

South Korean Company to Officially Be World's Largest Auto Battery Maker

LG Chem gets contract from Daimler to make batteries for the Smart ForTwo ED electric vehicle.

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LG Chem's troubled Chevy Volt battery plant hiring once again

After Paying People Not To Work, The Tide Has Turned

The Michigan battery plant known for paying its workers to do nothing has turned things around and is now hiring more workers, specifically to do something. South Korea-based LG Chem, which runs the factory to supply the Chevrolet Volt extended-range plug-in vehicle with its lithium-ion batteries, held a job fair recently to bri

Recharge Wrap-up: LG to power 200-mile EV, Formula E Buenos Aires track revealed

Volvo, ABB Fast-Charging Buses; Brazilian Ethanol Gets Corny

Formula E has revealed the circuit layout for the Buenos Aires ePrix, which will take place on January 10, 2015. The 1.5-mile track designed by Santiago Garcia Remohi features 12 turns of varying speeds. Bruno Senna, driver for Mahindra Racing, says, "Looking at the track, you have to say it's got a good combination of corners. There's a chicane, some high-speed turns with a change of direction and slow-speed as well." The th

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