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The Latest Breaking News from LG Energy Solution

Ford, LGES And Koç To Build 25-45 GWh Battery JV In Turkey

Ford, LG Energy Solution (LGES) and Koç Holding announced a non-binding MoU to form a new joint venture to create battery cell facilities near Ankara, Turkey.

InsideEVs

GM says fourth battery plant 'very much on track,' envisions others

General Motors Co. is still planning a fourth battery plant and even more beyond that despite the reported breakup with supplier and partner LG Energy Solution.

Tribune News Service

Report: LGES May Supply Tesla With Batteries From Arizona

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

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Rumor: General Motors Might Also Use Cylindrical Battery Cells

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

InsideEVs

LG gets extension on Michigan battery plant expansion as plans with GM stall

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.

Tribune News Service

Rumor: GM-LGES Deal On 4th Ultium Battery Plant Not Certain

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.

InsideEVs

LGES And Honda's EV Battery JV In Ohio Officially Established

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

InsideEVs

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UAW says Ultium negotiations to start in January

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.

Tribune News Service

2023 Volkswagen ID.4 Hit With $1,500 Price Hike Across The Board

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

InsideEVs

Report: LGES To Upgrade Its Ochang Battery Plant In South Korea

LG Energy Solution, one of the world's largest lithium-ion battery manufacturers, prepares a major upgrade for its main domestic plant in Ochang, South Korea.

InsideEVs

US Department Of Energy Finalizes $2.5 Billion Loan To Ultium Cells

Ultium Cells will use the loan to finance construction of new battery cell plants in Ohio, Tennessee and Michigan, which will support a total of 11,000 jobs.

InsideEVs

Ultium Cells' Factory In Tennessee To Produce More Battery Cells

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

InsideEVs

Department of Energy finalizes $2.5 billion loan to GM battery joint venture

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.

Tribune News Service

GM joint venture gets $2.5B loan to build battery plants

A joint venture between General Motors and South Korean battery company LG Energy Solution has closed on a $2.5 billion federal loan to help finance three lithium-ion battery cell plants in Ohio, Tennessee, and Michigan

The Independent UK

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Tribune News Service

UAW organizes its first EV battery plant

The United Auto Workers has organized its first joint-venture battery plant, a facility in northeast Ohio owned by General Motors Co. and LG Energy Solution, the union said early Friday.

Tribune News Service

GM, LG investing $275 million to increase Tennessee battery plant capacity

General Motors Co. and LG Energy Solution are investing $275 million at their Tennessee Ultium Cells LLC joint-venture battery plant to increase cell production there when it opens in late 2023, the company announced Friday.

The Independent UK

GM venture to invest additional $275M at Tennessee plant

A joint venture between General Motors and South Korean battery company LG Energy Solution says it will invest an additional $275 million to expand a Tennessee battery cell factory for electric vehicles

Tribune News Service

GM battery plant employees to vote for UAW representation in December

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.

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Tribune News Service

UAW files to have a union election at Ultium Cells plant

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.

StockNews.com

3 Auto Stocks Investors Should Buy Over Tesla This Fall

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…

Tribune News Service

Michigan to vie for 3rd Stellantis battery plant in North America

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.

InsideEVs

LGES And Honda's Battery Gigafactory Will Be Built In Ohio

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.

Motor1

Honda And LG Energy Solution Announce 40-GWH Battery Plant In Ohio

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

Tribune News Service

Stellantis CEO: 'We have zero problem with unions' at battery plants

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

InsideEVs

Ultium Cells Begins EV Battery Production In Ohio

Ultium Cells, the battery joint venture between General Motors and LG Energy Solution, has started production at its first plant located in Warren, Ohio.

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