LG Announces New 4680 Battery Line, Future Supply Plans
LG Energy Solution has completed preparations for a new 4680 battery production line at its Ochang plant, according to Senior Vice President Noh In-hak (via @Tslachan). During the…
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LG Expands EV Charging Market to Canada
LG Electronics Canada has announced its foray into the electric vehicle (EV) charging solutions sector in Canada. This strategic move introduces charge point operators and commercial property owners…
LG Opens First U.S. EV Charger Factory in Texas
LG Electronics has launched its first electric vehicle (EV) charger production facility in the United States, marking a significant expansion in its EV charging solutions infrastructure. The new…
LG Energy Solutions to Invest $450 Million into Tesla’s 4680 Battery Production
LG Energy Solution is planning to invest 730 billion won ($568 million USD) to expand its Ochang, South Korea production facility, according to Reuters. The company will use…
LG Energy Plans Arizona Battery Factory for Tesla and Others: Report
According to Reuters, South Korea’s LG Energy Solution reportedly is planning a new electric vehicle battery factory in Arizona, to supply customers such as Tesla and others, cite…
Samsung, LG Competing for Tesla’s Camera Module Orders: Report
Tesla has deployed orders for camera modules, with companies like LG, Samsung and others still participating in a bid for future orders, according to The Elec. The camera…
GM’s Chevy Bolt Recall to Be Paid for by LG Electronics
General Motors (GM) said on Tuesday it will be reimbursed for costs associated with recalling every Chevy Bolt ever made over fire risks – offsetting billions of dollars…
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LG and Canada’s Magna to Produce Electric Vehicle Components
LG Electronics Inc. is now developing some of its car component business plans into a joint venture with Canadian company, Magna International, as reported by Yahoo Finance. According…
Tesla Battery Supplier LG Chem Predicts Record-Breaking Q3
According to Reuters, LG Chem Ltd, one of Tesla’s primary battery suppliers, said Monday that its Q3 profits were most likely at a record high. LG Chem estimated…
Tesla Looks to Acquire Stake in LG for Batteries: Report
In a new potential partnership, Tesla is, once again, showing its reliance on other companies for its battery supply needs. According to the Korea Times, Tesla is hoping…