LG Chem EV

LG Chem Secures $18.6 bn Deal with General Motors for EV Battery Cathodes

LG Chem, a top petrochemicals company, has announced an agreement with General Motors to supply electric vehicle (EV) battery cathodes. The deal, valued at 24.7...
Nio EV charging station

India Reports Surge in Electric Vehicle Charging Stations Nationwide

In a recent update delivered by Minister of State for Heavy Industries, Krishan Pal Gurjar, to the Lok Sabha, it was revealed that the...
Ford EV business

Ford Adjusts EV Investment Strategy as Consumers are not Ready to Pay Premium Price

In response to shifting consumer trends towards hybrid vehicles and family SUVs, Ford announced plans to scale back investments in new Electric Vehicle (EV)...
Shell Recharge Singapore

Raizen and BYD Collaborate to Set up 600 Electric Vehicle Charging Stations Across Brazil

Brazilian energy giant Raizen and Chinese automaker BYD have announced plans to deploy a network of 600 electric vehicle (EV) charging stations across eight...
EV Battery Price forecast for 2023

Lithium Battery Market Faces Challenges as Prices Decline in January

TrendForce’s latest research report revealed that the global lithium battery market experienced a subdued performance in January. Cell manufacturers continue to grapple with high inventories,...
LG Energy Solution

LG Energy Sales Surge 32% Thanks to Escalating Demand in North America

LG Energy Solution has reported revenue of KRW 33.7 trillion (up 31.8 percent) and an operating profit of KRW 2.2 trillion (up 78.2 percent)...
LG Energy Solution at a trade event

LG Energy Makes Investment in Sion Power to Advance Next-Gen Battery Technologies

LG Energy Solution, a global manufacturer specializing in lithium-ion batteries, has made a significant equity investment in Sion Power, an Arizona-based startup renowned for...
Northvolt EV battery plant

Northvolt Secures Record $5 bn Green Loan for Expansion of Swedish Battery Factory

Stockholm-based lithium-ion battery producer Northvolt has raised $5 billion, marking the largest green loan in Europe. This substantial funding is earmarked for the expansion...
LG EV Chargers factory Texas

LG Electronics Opens Electric Vehicle Charging Factory in U.S.

LG Electronics (LG) has taken a significant step in bolstering its position in the electric vehicle (EV) charging solutions market with the inauguration of...
Lead batteries recycling technology

ACE Green Recycling Deploys Zero-Emissions Lead Battery Recycling Technology at ACME Metal in Taiwan

ACE Green Recycling (ACE) has completed the first phase of its zero-emissions modular lead battery recycling technology at ACME Metal Enterprise’s facility in Keelung...

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