The Latest Breaking News from LG Energy Solution

Global Passenger xEV Battery Market In 2022: 488.3 GWh (Up 70%)

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

InsideEVs · Mar 28, 2023

LGES Battery Plant In Arizona Gets A Revision: It Will Be Much Bigger

LGES, one of the world's largest lithium-ion battery manufacturers, will soon resume its new investment in Arizona, actually significantly expanding its size.

InsideEVs · Mar 27, 2023

LGES And Honda Break Ground For New EV Battery JV In Ohio

LG Energy Solution and Honda recently held the official groundbreaking ceremony for their EV battery joint venture factory, which will be built in Ohio.

InsideEVs · Mar 9, 2023

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 · Jan 24, 2023

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 · Jan 23, 2023

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 · Jan 14, 2023

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 · Dec 29, 2022

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 · Dec 23, 2022

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 · Dec 20, 2022

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 · Dec 15, 2022