Leading South Korea-based battery manufacturers LG Energy Solution, Samsung SDI, and SK On reported unsatisfactory financial performance in the first quarter of 2024 due to slow EV...
In 2023, South Korea saw the first decline in rechargeable battery exports in eight years. The industry suspected that the situation is related to major battery manufacturers like...
Ultium Cells, a battery joint venture between LG Energy Solution and General Motors, has started production at its second plant in Tennessee, the US. The first product has been delivered...
Battery maker Samsung SDI will work with General Motors to begin volume production of the 46-phi cylindrical batteries. South Korea-based ET News reported that the pair plans...
Samsung SDI accelerates the development of a new-generation cylindrical battery 46-phi, which has a 46mm diameter. The company will begin volume production as early as 2025. The media...
Battery maker LG Energy Solution announced that it will collaborate with Qualcomm Technologies to work on advanced Battery Management System (BMS) diagnostic solutions for EV batte...
South Korea-based LG Energy Solution has revealed a schedule for the volume production of its 46800 battery, which will likely first support Tesla. Media reported that EV makers Rivian...
LG Energy Solution (LGES) will start the mass production of its 46800 batteries in August 2024 at the soonest. Besides Tesla, the battery maker has been in touch with other customers...
As China-based BYD announced a US$1.3 billion investment in Indonesia, Hyundai Motor, which sees the country as a critical market, will likely take a countermeasure. The South Korean...
Amid signs of a slowdown in demand for EVs and industrial uncertainties, South Korean-based battery makers remain committed to their global production expansion plans.
LG Energy Solution (LGES) has reportedly finalized an agreement with Japan's Isuzu Motors to supply the 21700 cylindrical batteries, a deal estimated by South Korean industry insiders...
South Korean battery maker LG Energy Solution (LGES) is using single-crystal small-grain cathode materials in batteries, to increase the driving range of electric vehicles.
South Korean battery makers are expected to increase production capacity significantly in 2024. With its expansion in China and Hungary, SK On will see its capacity grow by 70%. LG...
LG Energy Solution is said to have shifted its focus to 46-series battery cells, which are 46mm in diameter. Industry sources in South Korea said the battery maker is working on a...
