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Tag Archives: lg chem.
Ohio JV Battery Plant – Honda and LG Energy Solution
The two companies plan to begin construction in early 2023, in order to complete the new production facility by the end of 2024. The plant aims to have ~40GWh of annual production capacity as it starts mass production of pouch-type lithium-ion batteries by the end of 2025. Continue reading
Posted in electric vehicles, global warming, news analysis
Tagged auto industry commentary, autoinformed.com, Ken Zino, lg chem., LG Energy
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Renault Group to Launch 10 Battery-Electric Vehicles by 2025
The Renault 5 electric will be made in Northern France, from battery to e-powertrain to assembly, on a new CMF-BEV platform, by Renault ElectriCity. The Group will also revive another star currently named ‘4ever’ signifying the hope to make it a timeless classic. Renault Group will also compete in the all-electric C-segment, first with the new MéganE next year. Continue reading
NHTSA Keeps Chevrolet Volt Battery Fire Probe Open
GM said this morning that it was “optimistic” that no recall would be required, a politically sensitive issue since the federal government, which NHTSA is part of, still holds a large 27% stake in GM. For GM’s part, a safety recall is arguably more damaging to the reputation of the Volt than the proposed customer service action. Last year Chevrolet sold 7,671 Volt models , which cost more than $40,000 without taxpayer subsidies to its mostly rich buyers, another political controversy in itself. Continue reading
General Motors Licenses Argonne Developed Battery Technology. Taxpayers Are Also Subsidizing the Koreans!
General Motors and the U.S. Department of Energy’s Argonne National Laboratory said today they have reached a worldwide licensing agreement to use a battery technology that lasts longer and can accept higher charging voltages. The U.S. Government also announced that … Continue reading
GM and LG Energy Solution to Make Prismatic Cells in U.S.
General Motors (NYSE: GM) said today that it will with LG Energy Solution (KRX: 373220),* commercialize lithium manganese-rich (LMR) prismatic battery cells for future GM electric trucks and full-size SUVs. The announcement could be a battery technology breakthrough with significant sales and marketing advantages. This builds on a partnership between the two companies to develop prismatic battery cell technology and related chemistries.
“GM aims to become the first automaker to deploy LMR batteries in EVs. Ultium Cells, a GM and LG Energy Solution joint venture, plans to start commercial production of LMR prismatic cells in the United States by 2028, with pre-production expected to begin at an LG Energy Solution facility by late 2027. The final production-design of these LMR battery cells will be validated at GM’s Battery Cell Development Center in Warren, MI, which is expected to open earlier that year, as well as LG Energy Solution’s facility,” GM said. Continue reading →