Hyundai Motor opened an EV battery plant, a joint venture with LG Energy Solution, that will provide batteries for locally made Kona EVs and other cars.
A U.S. senator urged the “strictest possible” standards to preclude Chinese battery firms from getting electric vehicle (EV) tax credits, while expressing concern over their pursuit of joint ventures in Korea and Morocco.
Samsung SDI has completed the construction of its pilot plant for solid-state batteries and is set to produce a prototype in the second half of the year.
LG Energy Solution's second-quarter operating profit fell 73 percent on year as business was hindered by the global logistics crisis and lockdowns in China.
LG Energy Solution signed a memorandum of understanding with Kansas-based Compass Minerals for supplies of lithium carbonate and lithium hydroxide, key raw materials in electric vehicle (EV) batteries.
LG Energy Solution is “reassessing” its 1.7-trillion-won ($1.3-billion) Arizona battery plant project, the company said Wednesday.
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