LG Chem
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Tesla will no longer have an exclusive battery-supply arrangement with Panasonic, as cells for its Chinese Gigafactory will come from LG Chem.
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Report: Battery shortages lead to Audi E-tron production delays
Building electric cars is harder than it looks. According to a report last week in the Brussels Times, Audi is delaying the production of its planned E-tron Sportback and slowing production of its E-tron SUV following battery shortages from supplier LG Chem. The factory that builds the e-tron has...
Eric C. Evarts -
VW Group has nailed down $25 billion of batteries for electric cars, it said today
For a company that has only two battery-electric models in production, both several years old, VW Group spends a great deal of time talking about electric cars. The company has plans to launch 30 new electric vehicles by 2025, and has released four Volkswagen ID concepts, the first of which will...
John Voelcker -
China's largest electric-car battery maker, CATL, sets sights on U.S. market
Just a handful of companies today make the bulk of battery cells used in plug-in electric cars worldwide. Now the largest single maker of electric-vehicle cells in China has expanded its focus, from the home market to global markets and specifically the U.S. The name, CATL, may not be familiar to...
John Voelcker -
Nissan has sold electric-car battery unit AESC to Chinese investor GSR (updated)
With the global introduction of the second-generation Nissan Leaf electric car due next week, one open question concerns the source of its battery cells. To date, Automotive Electric Supply Corporation—a joint venture between Nissan and Japanese electronics giant NEC—has supplied...
John Voelcker -
New LG Michigan plant could boost GM electric-car domestic content
The question of where consumer goods are made has become more prominent in our political discourse of late, cars among them. Every automobile sold in the U.S. carries a listing of content sources, specifying what percentage by value of its overall content comes from which countries or regions...
John Voelcker -
It takes people to make cars: to lift and install parts, check quality, test-drive them after assembly, and so forth. Automation has eliminated many of the jobs performed by humans a century ago on the Ford Model T line, and made the rest much less physically punishing for line workers. But electric cars pose a new threat: they will require even fewer workers to build. DON'T MISS: Electric cars will require 10,000-plus job cuts at VW, says HR chief And that has auto-worker unions and automaker executives more than a little worried. Here's the math: a battery-electric car has fewer than 200...
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LG Chem: GM to sell 'more than 30,000' Chevy Bolt EVs next year
A very brief article on a single sentence uttered on Tuesday by an executive at Korean battery maker LG Chem has reverberated around electric-car circles for most of this week. The executive was vice president Kang Chang-beom, and he spoke on a conference call for financial analysts on the topic of...
John Voelcker -
LG Chem logs another electric-car win: Faraday Future to buy batteries
Faraday Future will get lithium-ion battery cells from LG Chem.
Stephen Edelstein -
Nissan seeks to sell AESC electric-car battery venture: report
Nissan, alone among high-volume electric car makers, owns half of the company that makes the battery cells for its cars. Tesla Motors doesn't own any of Panasonic, which has supplied all cells to date for its three vehicles (though Panasonic owns a small part of Tesla). GM doesn't own any of LG...
John Voelcker -
VW's big electric-car pledge: LG Chem, Panasonic possible battery partners (updated)
Volkswagen reportedly hopes to sell 1 million electric cars within the next decade.
Stephen Edelstein -
Tesla talks to LG, Samsung about Model 3 battery cell supplies
Since the start of Tesla Model S electric-car production in 2012, the company's lithium-ion cells have been supplied by its Japanese partner Panasonic. That applies to the more recent Tesla Model X crossover SUV as well—and Panasonic was also an early investor in Tesla Motors shares, owning a...
John Voelcker -
Battery makers are becoming increasingly important in the development of electric cars.
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Daimler to spend $500 million on electric-car battery factory
As global automakers gear up to produce higher volumes of plug-in electric cars, their battery strategies vary. Some buy in both lithium-ion cells and complete battery packs, some purchase cells but design and assemble them into packs in-house, and some own part of the cell maker. Now Daimler has...
John Voelcker -
LG Chem's Large Battery Plant In China Took Less Than 2 Years
LG Chem works to ramp up production at a China battery plant.
Stephen Edelstein -
Bolt EV Powertrain: How Did GM And LG Collaborate On Design, Production?
In last fall's runup to the launch of the production 2017 Chevrolet Bolt EV 200-mile electric car, GM discussed working together with Korean corporate giant LG on the Bolt's development. Mark Reuss, GM’s head of global product development said in October that the company's partnership with LG...
John Voelcker -
Denise Gray, CEO Of Battery Maker LG Chem Power: Five Questions
Denise Gray is used to challenges in her career, generally over new technologies. As a young engineer at GM, she first designed electrical components, then got her first major managerial role on the team to develop what became the 1997 Corvette. She was given the responsibility of introducing and...
John Voelcker -
Electric-Car Buyers Expect Battery Upgrades To Be Available
With battery-electric cars now on the market for five years, and perhaps 200,000 on U.S. roads, we now know more about how the cars and their drivers behave in the real world than we did when they first arrived. One learning is that an undercurrent among some electric-car buyers that suggests they...
John Voelcker -
Of the three largest lithium-ion cell suppliers for electric cars, only one can count almost a dozen automakers among its customers. Now that company, LG Chem, has added another name to its roster: Tesla Motors. The Silicon Valley maker of luxury electric cars confirmed yesterday that it would purchase cells for its Roadster "3.0" battery-pack upgrade from the Korean company. DON'T MISS: LG Chem To Become World's Biggest Electric-Car Battery Supplier? Could Be, Report Says The news came in an article by The Wall Street Journal, which noted that Tesla confirmed its LG Chem contract following...
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2017 Chevy Bolt EV Development: GM, LG Chem Reveal Deep Partnership
When General Motors CEO Mary Barra unveiled the 2017 Chevrolet Bolt EV concept last January at the Detroit Auto Show, the 200-mile electric car was a shock to the industry. But equally startling was the launch schedule that emerged over the following months: The Bolt EV is to go into production...
John Voelcker -
LG Chem To Become World's Biggest Electric-Car Battery Supplier? Could Be, Report Says
LG Chem could become the world's largest electric-car battery supplier, a new report says.
Stephen Edelstein -
Audi Electric SUV To Target Tesla With LG Chem, Samsung Cells
This much we know: a concept for the future Audi Q6 "coupe" SUV will be shown at next month's Frankfurt Motor Show in Germany. We also know an all-electric Q6 e-tron version will target the Tesla Model X, though more conventional Q6 versions with gasoline, diesel, and possibly plug-in hybrid...
John Voelcker -
LG Chem Adds Chinese Great Wall Motors Plug-In Hybrids To Its Battery Clients
South Korean battery maker LG Chem continues to be on a roll, signing up automakers left and right that plan to use its lithium-ion cells in new electric cars. The latest to join the roster that includes Audi, Cadillac, Chevrolet, Ford, Hyundai, Renault, Smart, Volkswagen, and Volvo is the Chinese...
John Voelcker -
Why LG Chem Leads In Electric-Car Batteries: Materials Science, It Says
The top three battery makers for electric cars today are Panasonic, AESC, and LG Chem. But while Panasonic sells largely to Tesla, and AESC is a joint venture half-owned by Nissan, LG sells its cells to more carmakers than any other battery company. And the secret to that success is LG's expertise...
John Voelcker