The Latest Breaking News from LG Energy Solution

Ultium Cells intends to produce at its plant in Spring Hill, Tennessee (currently under construction) more battery cells than initially planned.

WASHINGTON — The U.S. Department of Energy has finalized a $2.5 billion loan to Ultium Cells LLC, the EV battery joint venture between General Motors Co. and South Korean battery company LG Energy Solution, officials said Monday.

An election to unionize the first General Motors Co. and LG Energy Solution battery cell manufacturing plant is scheduled for Dec. 7 and Dec. 8, according to a National Labor Relations Board filing.

The United Auto Workers has filed to have a union election on behalf of about 900 workers at the Ultium Cells LLC plant in Warren, Ohio.

The automotive industry is expected to witness solid growth in the long run, driven by sustained demand, increased adoption of electric vehicles, and supportive federal policies. Electric vehicle (EV) giant Tesla (TSLA) has witnessed a steady downtrend this year on several concerns. Therefore, it could be wise to invest in…

The maker of Jeep SUVs and Ram trucks is giving Michigan another chance to land an electric-vehicle battery plant and the hundreds of jobs that come with one after the Great Lakes State missed out on the company's first two for North America.

Honda and LG Energy Solution's joint venture (JV) battery gigafactory will be located in Ohio, where the Japanese company intends to create a true EV hub.

The investment into the project could be as high as $4.4 billion.

DETROIT — The CEO of Stellantis NV says employees of its joint-venture electric-vehicle battery manufacturing plants will be unionized if they wish.