LG Energy supplies batteries to world's largest ESS project

Korean battery maker LG Energy Solution said Thursday it has completed the supply of its battery system to the world's largest energy storage system (ESS) that has come online in the United States.

2021-06-17

LG Energy Solution files for IPO

Battery maker LG Energy Solution said Tuesday it applied for preliminary approval to list its shares on the country's main stock market.

2021-06-10

Banks throw cold water on Korea's battery makers

Global investment banks are warning that Korean battery maker shares are overvalued.

2021-06-02

Hyundai Motor, LG Energy Solution partner in Indonesia on batteries

Hyundai Motor and LG Energy Solution will form a joint venture in Indonesia to make batteries for electric vehicles (EVs), according to industry sources Tuesday.

2021-05-25

Moon has $35 billion investment package for Biden

An estimated 40 trillion-won ($35 billion) worth of investment in the United States is what President Moon Jae-in may offer U.S. president Joe Biden this week in exchange for a closer cooperation on vaccine supplies.

2021-05-17

EV battery pollution is top priority for cell makers

While electric vehicles (EVs) may be an essential part of achieving environmental goals, lithium-ion batteries that power them pose a threat to the objectives in several ways.

2021-05-12

LG Energy Solution's venture to build 2nd U.S. battery plant

Ultium Cells is investing 2.7 trillion won ($2.4 billion) in a battery factory in Spring Hill, Tennessee, the company’s shareholders announced Saturday.

2021-04-18

Punters come back to battery makers after settlement

Shares of SK Innovation jumped nearly 12 percent to close at 266,500 won ($237) on Monday after the company settled a battery trade secrets dispute with LG Energy Solution on Sunday.

2021-04-12

SK to pay LG ￦2 trillion in last-minute deal to save U.S. business

LG Energy Solution and SK Innovation agreed to settle the high-profile battery trade secret dispute at 2 trillion won ($1.8 billion), putting an end to a 713-day

2021-04-11

SK, LG increase rhetoric ahead of Biden battery veto deadline

Tension between SK Innovation and LG Energy Solution is rising ahead of the April 11 presidential review deadline on a trade secret dispute case related to electric vehicle (EV) battery technology at the U.S. International Trade Commission (ITC).

2021-04-06

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