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...
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 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)...
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...
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 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 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 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 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...
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...