Japanese automotive giant Honda Motor Co. Ltd. will be partnering with LG Energy Solution (LGES), LG Chem’s battery subsidiary, on a joint venture for battery production in the U.S. that could cost up to $3.4 billion USD — reports Automotive News. The news comes from South Korea’s Maeil Business Newspaper and is based on a […]
Earlier this year, we reported that General Motors (GM) was considering a second battery plant in the US, and the company has now made a firm decision. GM and South Korean electronics manufacturer LG Chem announced plans Friday to invest over $2.3 billion (USD) to establish a second battery cell plant in Tennessee, according to […]
After a record-breaking Q3, it’s only expected that global electric vehicle (EV) battery supplier, LG Chem Ltd, would be looking to start making some moves. On Wednesday, EV battery manufacturer for Tesla and a number of other EV companies, announced plans to triple production capacity for its cylindrical EV batteries, according to Yahoo Finance. The […]
