Tag: LG Energy Solutions
LG Energy Solution’s profits plummet nearly 40% amid sluggish EV demand
LG Energy Solution reported a significant operating profit drop of nearly 40% for the third quarter, attributing the decline to sluggish demand for electric...
Hyundai and LG will invest an additional $2 billion at Georgia...
Hyundai and LG Energy Solutions announced plans to invest an additional $2 billion and hire 400 more employees to produce batteries at the automaker's...
OSHA probes chemical leak at GM and LG Energy-owned battery plant
The United States' workplace safety regulator announced on August 23 that it was investigating a recent chemical solvent leak at a battery facility in...
Partnership from GM and LG helps finance $2.5 billion in battery...
A $2.5 billion low-cost loan to a partnership between General Motors and LG Energy Solutions has been finalized, according to the U.S. Energy Department,...
GM, LG Energy begin production of battery cells at Ohio plant
General Motors and LG Energy Solutions announced that their joint venture, Ultium Cells LLC, had started production at its new battery cell plant in...
Honda, LG Energy prepare to build $4 billion EV battery plant...
In a recently released statement, Honda Motor Company and South Korean battery maker LG Energy Solutions plan to invest $4.4 billion in a US battery plant to build lithium-ion...
LG Energy, General Motors joint-venture considering Indiana for battery cell plant
GM and LG Energy Solutions are considering opening a fourth US battery cell plant in Indiana, according to a spokeswoman for the companies' joint venture. The...