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The Latest Breaking News from LG Chem

Has EV Thermal Runaway, AKA Daisy-Chain Fires, Been Solved?

Thermal runaway isn't a big problem for electric vehicles, in so much it happens all the time. However, when it does occur, it's catastrophic and has caused many headaches. LG Chem thinks it's solved it.

RideApart

VW-Backed Startup 24M Might Have The Answer To EV Battery Fires

The difference between an overcharged battery using 24M’s Impervio separator and one without it is substantial.

InsideEVs

New battery breakthrough may make dangerous EV fires history

A supplier to Ford and Tesla may have solved the worst fears of EV skeptics.

The Street

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LG Chem Just Solved Thermal Runaway In EV Batteries

EV fires are rare. But when they occur, it can be scary. Korean battery maker LG Chem has a viable solution.

InsideEVs

Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

Investment in electric vehicle manufacturing is booming in Morocco, a country that neighbors Europe and enjoys a free trade agreement with the United States

The Independent UK

Ford Plays The Long Game As EVs May Wait For 'Breakthrough' Moment

Ford's new "skunkworks" EV platform could cut costs for mass adoption—if it can get there first.

InsideEVs

1965 BMW 700 CS EV Conversion Heading To Auction, Could Fetch Over $31,000

A driving range of up to 100 miles is provided by a set of 10 LG Chem cells which offer 26 kilowatt-hours of energy and which can be recharged at up to 6.6 kW via the integrated Type 2 socket.

InsideEVs

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LG Chem Starts Mass Production Of Single-Crystal High-Nickel Cathodes

LG Chem announced that it has started the mass production of single-crystal high-nickel cathodes for next-generation batteries.

InsideEVs

Impact Recycling secures backing of Korean giant LG for plastics separation tech

LG anticipates licensing Impact's process, which can save plastics from landfill and incineration

Birmingham Post

LG Chem To Build Largest Cathode Manufacturing Facility In US

LG Chem announced a plan to build the largest EV battery cathode manufacturing facility in the US, which will be located in Clarksville, Tennessee.

InsideEVs

South Korea’s LG Chem to invest $3bn in US plant for EV parts

South Korean firm says facility will produce components to power 2 million electric vehicles by 2027.

Al Jazeera

Aveo Stock Continues Its Bullish Run After Snagging $566 Million LG Chem Buyout

Aveo Oncology agreed to be acquired by Korea's LG Chem on Tuesday, and Aveo stock skyrocketed to a near two-year high on the news.

Investors Business Daily

UPDATE: Jaguar I-Pace Catches Fire While Charging In Florida

This reportedly is the fourth such fire and the cause has yet to be pinpointed, although it may be its LG Chem battery cells.

InsideEVs

GM, Volkswagen, And The US Postal Service: Top EV News July 29, 2022

It's time again for your weekly dose of some of the most interesting electric car stories of the week. Get out the popcorn and enjoy the EV videos.

InsideEVs

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Tribune News Service

GM says it has enough EV battery raw materials to hit 2025 production target

General Motors Co. now has deals in place to source all of the raw materials it needs for the electric-vehicle batteries to meet a 2025 goal of having 1 million units of annual EV capacity in North America, the Detroit automaker said.

InsideEVs

GM Lands Cathode Supply For 5 Million EVs By 2030, Plus Lithium Deal

GM plans to overtake Tesla as the world's leading EV maker, and it hopes to do so with lower prices. Securing tons of raw materials is a major step forward.

Reuters

Yellen vows tough U.S. measures against countries abusing economic order

(Removes repeated sentence)

InsideEVs

GMC Hummer EV Production Ramp-Up Slow, Currently At 12 Per Day

It’s not much yet, but General Motors is at least building the electric Hummer at some rate and production isn’t stalled.

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InsideEVs

LG Energy Solution To Produce LFP Lithium-Ion Cells In Michigan

LG Chem's LG Energy Solution expand its battery offer by LFP lithium-ion chemistry, which is gaining popularity as the most cost-effective.

InsideEVs

GM Resumes Chevrolet Bolt EV/Bolt EUV Production

Good news comes from General Motors, which has resumed production of the Chevrolet Bolt EV and Bolt EUV at the Orion Assembly plant in Michigan.

InsideEVs

Check Out Europe's Largest EV Battery Gigafactory In Poland

LG Chem's LG Energy Solution has recently released an interesting PR video about its lithium-ion battery cell factory in Poland.

InsideEVs

LG Energy Solution Announces Cylindrical Battery Plant In U.S.

LG Chem's LG Energy Solution announced a 1.7 trillion KRW ($1.39 billion) investment in a new factory for cylindrical batteries in Arizona.

InsideEVs

LG Energy Solution Announces $1.7 Billion Plant Expansion In Michigan

LG Chem's LG Energy Solution (LGES) will invest $1.7 billion into its existing lithium-ion battery cell plant in Holland, Michigan, which was built in 2010.

InsideEVs

Canada: LGES Reveals Battery JV Plan With Stellantis

The rumors about a new battery gigafactory in Canada appear to be true, as LG Chem's LG Energy Solution revealed a few details in a regulatory filing.

InsideEVs

LG Energy Solution Announces Revenue Target For 2022

LG Chem's LG Energy Solution announced a 10% increase in revenues in Q4 2021, which allowed it to return to profitability after the negative Q3 result.

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