Home Tag "LG Chem"

Span Raises $10M to Scale Up Deployments of Smart Electrical Panels

Led by a Tesla alum, the California startup looks to tap growing demand for solar and storage in key markets of California and Hawaii. Span.IO, the San Francisco-based startup that makes a smart home electrical panel that can track and control behind-the-meter batteries, rooftop solar inverters, EV chargers and other key household loads via smartphone, […]

Asia-Pacific’s RE capacity set for 58% growth over five years, directed by solar

Poland: Electric vehicle battery production in Europe gets boost thanks to EIB loan of €480 million to LG Chem Wroclaw Energy

First EIB loan to LG Chem Group and its Polish subsidiary will support the construction of manufacturing facilities for advanced lithium-ion cells and batteries for battery-powered electric vehicles The project will contribute to the clean energy transition and the shift towards electrification of the European transport industry and secure the supply of advanced li-ion batteries for European […]

Maharashtra invites Tesla after Elon Musk hints entry into country

LG Senior Delegation visit to GoodWe Headquarters

Both companies are looking to enhance their strategic global cooperation The past month of November, GoodWe was delighted with the visit of LG Chem Vice President and members of its R & D department to the new headquarters in Suzhou. LG is one of the highest representatives of South Korea’s industry, manufacturing and innovation complex […]

Asia-Pacific’s RE capacity set for 58% growth over five years, directed by solar

Reuters: LG Chem Plans to Build a New US$1.7 Billion EV Battery Plant in the US

LG Chem, South Korea’s major manufacturer of powertrain batteries for electric vehicles (EVs), is contemplating on investing a second battery production plant in the US so as to meet the increasing demand from American car makers, according to an exclusive report from Reuters on July 11. Sources with knowledge on this matter told Reuters that […]

Maharashtra invites Tesla after Elon Musk hints entry into country

Europe Set to Race Past US in Battery Manufacturing

Europe’s battery manufacturing capacity is on the cusp of dramatic growth, though much of the investment and know-how are coming from Asian companies. A slew of recent announcements has left Europe poised to overtake North America in terms of battery manufacturing capacity by 2023, analyst figures show. Bloomberg New Energy Finance (BNEF) expects European nameplate […]

New energy storage player: JinkoSolar releases batteries for both resi and large-scale markets

LG Chem sues SK Innovation over Li-ion batteries for electric vehicles

LG Chem, the South Korea-based producer of lithium-ion batteries, has filed a lawsuit against SK Innovation, a South Korea-based petroleum refining company for misappropriation of trade secrets, tortious interference with prospective economic advantage and other claims. Brought jointly by LGCMI, the US-subsidiary, and its parent corporation, the suits were filed concurrently with the United States International […]

Lithium-ion Battery Market to Reach $129.3 Bn, Globally, by 2027 at 18.0% CAGR

LG Chem, VinFast set up lithium-ion battery JV in Vietnam

South Korea’s top battery maker LG Chem Ltd. has set up a joint venture with VinFast, Vietnam’s first automaker, to produce lithium-ion batteries for electric scooters and cars, the Korean company said Sunday. The joint venture, named VLBP, is a follow-up to the memorandum of understanding the two companies signed in September last year to […]

Lithium-ion Battery Market to Reach $129.3 Bn, Globally, by 2027 at 18.0% CAGR

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