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The Latest Breaking News from LG Energy Solution

Ransomware attack hits LG battery subsidiary

Akira claims LG Energy Solution breach, and says it stole 1.7TB of sensitive data.

TechRadar

The Layoffs Are Coming To The EV Sector. Here's What It Means

Today on Critical Materials: General Motors lays off 3,300 EV workers, South Korea strikes a tariff deal, and Stellantis gets into robotaxis.

InsideEVs

Koreans Are Furious Over The Hyundai ICE Raid. Tesla Could Pay The Price

We also discuss Waymo’s foray into public transit and Scout Motors’ big investment in South Carolina.

InsideEVs

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump wanted Korean battery builders to stay. How dependent is Europe on Korean EV battery makers?

Europe heavily relies on South Korean-run factories for EV batteries. About 75 per cent of existing battery cell manufacturing capacity in Europe is owned by Korean companies, 50 per cent of which is owned by LG, according to the International Energy Agency.

Euronews

Hyundai CEO says ICE raid on Georgia plant set back its grand opening by two or three months

CEO José Muñoz said the delay estimate is based on foreign workers coming back to help.

Fortune

Hyundai workers arrive back in South Korea after US immigration raid ordeal

Seoul airport witnesses tearful scenes as returning workers recount horrible experience

The Independent UK

The New Chevy Bolt Uses Cheap LFP Batteries. These U.S. EVs Do Too

As the United States is closing the gap with the China, here are the EVs with LFP batteries you can buy right now in the U.S.

InsideEVs

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South Korea sends plane to US to bring back workers detained in Hyundai ICE raid

A total of 475 workers, more than 300 of them South Koreans, were rounded up in the 4 September raid at the battery factory at Hyundai’s auto plant in Georgia.

Euronews

Why is South Korea bringing home 300 detained workers amid massive Hyundai raid?

Raid stuns many in South Korea because the country is a key US ally

The Independent UK

Trump Warns Foreign Companies After S.Korean Workers Detained

President Donald Trump on Sunday warned foreign companies to obey US law after immigration officials arrested some 475 individuals including South Korean workers at a Hyundai-LG battery plant being built in the southern state of Georgia.

International Business Times

300 South Koreans detained at Hyundai plant in US to be released, says Seoul

Footage of raid by US immigration officials showed detained workers in handcuffs and with chains around their ankles

The Guardian - US

Will Hyundai Raid Spark a Diplomatic Rift Between US and South Korea?

Nearly 500 workers were detained in a massive ICE raid at Hyundai's Georgia battery plant, including over 300 South Koreans. As Seoul pushes for their release, questions loom over whether the crackdown will spark a diplomatic rift between the US and South Korea.

International Business Times UK

Seoul Says Over 300 South Koreans Detained In US To Be Released

Seoul said Sunday that negotiations with the United States to secure the release of South Korean workers detained in an immigration raid have been "concluded" and they would soon be freed and flown home.

International Business Times

What to know about a large-scale immigration raid at a Georgia manufacturing plant

Hundreds of federal agents descended on a sprawling site where Hyundai manufactures electric vehicles in Georgia and detained 475 people, most of them South Korean nationals

The Independent UK

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Benzinga

ICE Raids Hyundai-LG Georgia Battery Plant In Record 475-Worker Sweep, South Korea Slams US Over 'Unfair' Crackdown

Immigration and Customs Enforcement’s Homeland Security Investigations executed its largest single-site raid on Thursday, detaining 475 workers at the Hyundai Motor Co. (OTC:HYMTF)-LG Energy Solution Ltd. battery manufacturing facility under construction in Georgia.

The Guardian - UK

Seoul promises to help hundreds of Korean workers arrested in US in Ice raid

Total of 475 detained in Georgia at construction site of factory to make batteries for Hyundai and Kia cars

InsideEVs

'Not Economically Viable': Porsche Cancels Plans For In-House Battery Production

The great consolidation is coming for smaller battery makers. Porsche is its latest victim.

InsideEVs

EV Battery Production Is Going Ballistic

Battery production is outpacing demand, which means prices should continue to fall. That'll be useful as EVs grow more popular.

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news in one place.

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Benzinga

Tesla Battery Pivot Sparks ETF Rotation: America In, China Out?

Tesla Inc.’s (NASDAQ:TSLA) new $4.3 billion battery agreement with South Korea’s LG Energy Solution is a sweeping gesture toward reshoring battery making.

InsideEVs

Tesla Inks $4.3 Billion Deal For American-Made LFP Batteries: Report

LG Energy Solution will supply Tesla with American-made lithium iron phosphate batteries to reduce reliance on Chinese suppliers.

InsideEVs

The U.S. Can ‘Absolutely’ Break Its EV Battery Dependence From China

Panasonic says the U.S. has a chance to become the “front-runner” in locally produced electric vehicle batteries.

InsideEVs

Tesla's Full Self-Driving Outperforms Rivals In China’s Toughest Test Yet

Tesla's Full Self-Driving system may have more juice in China than expected. Plus: Volkswagen takes a major tariff hit, and LG warns of a battery slowdown.

InsideEVs

General Motors Is Going All-In On Affordable LFP Batteries

GM has confirmed production of lithium-iron phosphate (LFP) batteries at its Spring Hill, Tennessee plant. That should mean “significant cost savings.”

InsideEVs

LFP Batteries Revolutionized China's EVs. Now, America Steps Up Too

LG's American-made LFP batteries could help EVs charge in rural areas where the charging infrastructure isn’t mature.

InsideEVs

General Motors Is Exploring Solid-State Batteries As EV Push Expands

The automaker is actively exploring solid-state and sodium-ion EV batteries, alongside a total of seven different anode and cathode chemistries.

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