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The Latest Breaking News from LG Energy Solution

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

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.

Benzinga

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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

The Guardian - UK

'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.

InsideEVs

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.

Benzinga

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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.

InsideEVs

How Ford And GM Are Plotting A Battery Breakup With China

Ford and General Motors are racing to develop a new type of electric vehicle battery. One engineer labeled it as “LFP of the West.”

InsideEVs

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InsideEVs

GM Is Bringing LFP Battery Production To America: Report

GM’s battery suppliers LGES and Samsung SDI are reportedly working to bring LFP battery production stateside.

InsideEVs

GM’s Next-Gen EV Truck Battery Promises More Range, Lower Cost

General Motors and Korean battery giant LG Energy Solution have jointly developed a new lithium manganese rich (LMR) battery chemistry that promises to extend driving range and lower the cost of electric trucks. The new batteries will debut on GM’s models in 2028.

InsideEVs

'We Lose The Auto Industry': LG Energy Chief's Warning If America Backs Off EVs

The Korean battery giant LG Energy Solution supplies a lot of power to a lot of electric vehicles. But these days, the company's North American president and chief strategy officer, Bob Lee, has steamships on his mind.

InsideEVs

Hyundai Quietly Starts Work On Its Own EV Batteries: Report

The Hyundai Motor Group is planning to develop and manufacture its own electric vehicle battery cells amid growing concerns of falling behind in the battery race, according to a local news report from South Korea. The decision was reportedly made after Chinese EV and battery giant BYD showcased its megawatt…

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InsideEVs

The U.S. Is About To Nearly Double Its Battery Production Capacity

Amidst last year's presidential elections and all the political and cultural firestorm that came with it, it was easy to ignore the quiet revolution that was underway in the U.S.: a battery manufacturing blitz.

InsideEVs

Scout's Home State Blocks Direct EV Sales. This Bill Might Change That

Volkswagen-backed Scout Motors broke ground on its new $2 billion electric vehicle plant in South Carolina last year. That factory is expected to roll out EV and EREV trucks and SUVs in the 2027-2028 timeframe. Scout also wants to skip the dealers and sell directly to you through an online…

InsideEVs

Elon Musk Will Not Get A $100 Billion Pay Package For Christmas

Remember Elon Musk's $56 billion payday? I know what you're thinking: not this news again. But, yes, this news again—Musk's multi-billion-dollar pay package is once again a topic of debate. More than five months after it fell off the news cycle, things aren't looking great for ol' Elon despite the…

The Independent UK

General Motors to sell its stake in Lansing, Michigan, battery factory to LG Energy Solution

General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan

InsideEVs

Kia EV9 U.S. Production Slows Amid Stricter IRA Rules

The Kia EV9 is in a league of its own at the moment. It's the only offering of its kind in the $50,000-$70,000 price bracket. In October, it even outsold the smaller and more affordable EV6. The numbers speak to America’s love affair with big, family-friendly SUVs—especially ones that go electric. But…

InsideEVs

Why Hyundai, Samsung And Korea May Stay Ahead In The Trump Era

Over the past four years, the U.S. has had a president who has aggressively supported clean energy investments and pushed for an electric transformation of the auto industry. In two months' time, the White House will be occupied by someone who's been openly critical of electric vehicles and has threatened…

InsideEVs

2026 Rivian R2 Will Get New LG Cells With 'Six Times' The Capacity

The battery blitz in America continues and the newest beneficiary of that is the upcoming Rivian R2.

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