The Latest Breaking News from LG Energy Solution

Construction on the Windsor, Ontario battery module site has stopped, with Stellantis accusing the Canadian government of not keeping its side of the bargain.

The global passenger xEV (BEVs, PHEVs, HEVs) battery market significantly expanded last year, as both xEV sales and the average battery capacity are increasing.

LG Energy Solution noted during a recent conference call that it is in talks with Tesla to supply batteries from an Arizona factory.

General Motors, which is currently scaling-up its electrification efforts using its new Ultium platform, might make a major move related to batteries.

LG Energy Solution is getting an extension on formally entering into an agreement with Michigan's quasi-governmental economic engine to quintuple the size of its Holland, Michigan, electric-vehicle battery plant just days after it first was reported that the company won't be building a fourth battery plant with General Motors Co.

GM' electrification strategy includes building four battery plants in the US via joint venture with LGES, but there are some rumors about the 4th plant.

LG Energy Solution and Honda officially announced the formal establishment of the EV battery joint venture (JV), tentatively named L-H Battery Company.

Ultium Cells LLC, the General Motors Co. and LG Energy Solution battery cell joint venture, and the United Auto Workers will begin negotiating on their first contract for workers at Ultium's northeast Ohio plant in January, union spokesperson Sandra Engle said in a statement.

Price hike aside, VW will stop taking reservations after January 4 as it anticipates ample availability at dealerships following the start of US production.