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The Latest Breaking News from LG Energy Solution

Global Market: KOSPI gains as AI-driven chip demand lifts South Korean export

South Korean shares gained on Tuesday, with the KOSPI rising 0.33%, as stronger-than-expected exports and robust semiconductor demand linked to the AI boom supported technology stocks. Samsung Electronics, SK Hynix and LG Energy Solution led gains, while the Korean won weakened and government bond yields rose.

The Economic Times

Global Market: KOSPI drops over 1% as Samsung Electronics slumps on payout concerns

South Korean shares fell over 1% on Monday, dragged by a sharp decline in Samsung Electronics after its latest shareholder return plans disappointed investors. The KOSPI slipped 1.31%, while foreign investors remained net sellers. Gains in SK Hynix, LG Energy Solution and POSCO Holdings offered some support.

The Economic Times

'Most Companies Are Struggling': Executive Shares An Uncomfortable Truth About Solid-State EV Batteries

Korean battery giant LG Energy Solution said key challenges in solid-state battery development remain.

InsideEVs

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Global Market: South Korean shares surge 6% as chip stocks rebound

South Korean shares surged over 6%, led by chipmakers SK Hynix and Samsung Electronics, after a steep previous-session selloff. The KOSPI triggered a volatility curb, while foreign investors bought shares. Broader gains included Hyundai Motor, Kia and LG Energy Solution. The won weakened, while Korean bond yields showed mixed movement…

The Economic Times

LG Energy Solution's Newest Battery Megafactory Just Kicked Off Production

This Lansing, Michigan plant will employ up to 1,700 people and produce up to 35 GWh worth of batteries per year.

InsideEVs

GM And LG Restart EV Battery Production In Ohio After Seven-Month Shutdown

The Ultium Cells factory in Warren, Ohio, was idled at the beginning of 2026 due to a drop in EV demand.

InsideEVs

GM Exits Planned $3.5B Battery Factory, Leaving Samsung SDI In Full Control

The two companies’ joint venture in Indiana is dead, but Samsung SDI still wants to build batteries there.

InsideEVs

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Michigan Spent $1.8 Billion and Only Created 602 Jobs

Gov. Gretchen Whitmer promised "generational" investments in her state, but as she leaves office, there's little to show for it.

Reason

Tulip Innovation and Sunwoda Enter Patent License Agreement

BUDAPEST, Hungary and SHENZHEN, China, June 11, 2026 /PRNewswire/ -- Sunwoda Electronic (Sunwoda), a leading global provider of lithium-ion battery technologies and solutions, and Tulip Innovation (Tulip), the licensing agent for lithium-ion battery patents owned by LG Energy Solution and Panasonic Energy, have entered into a patent license agreement under…

AAP

Tesla Defies Recession Fears with AI Chip Terafab Plan as Cybercab Setback Tests Resilience

Tesla is making strategic moves with its AI chip production and a $4.3 billion battery deal with LG Energy Solution, aiming for greater control over its supply chain.

International Business Times UK

Indonesia tightens control on nickel as the US and China scramble for critical minerals

Indonesia is tightening state control over its globally important nickel industry after years of betting that the metal would anchor a homegrown electric-vehicle industry

The Independent UK

Ford’s EV Reset Leaves A Multibillion-Dollar Hole In The Battery Industry

Plus, 16 states sue the Trump administration for freezing EV charging funds and Scout Motors gets license to sell directly to customers.

InsideEVs

LG Just Landed A Billion-Dollar EV Battery Order From Mercedes-Benz

Korea’s LG Energy Solution will supply high-voltage batteries for the German automaker's future EVs.

InsideEVs

Ransomware attack hits LG battery subsidiary

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

TechRadar

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InsideEVs

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.

Euronews

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.

Fortune

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.

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The Independent UK

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

Seoul airport witnesses tearful scenes as returning workers recount horrible experience

InsideEVs

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.

Euronews

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.

The Independent UK

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

International Business Times

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.

The Guardian - US

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

International Business Times UK

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.

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