LG Energy Solution
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LG Energy wins 7.5GWh ESS project from Excelsior Energy in US
in News(Courtesy of LG Energy Solution) LG Energy Solution Ltd. has landed a deal with US renewable energy infrastructure fund Excelsior…
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Lotte to supply advanced copper foil to Doosan for Nvidia’s Blackwell
in NewsLotte Energy Materials’ copper foil plant in Iksan, North Jeolla Province Lotte Energy Materials Corp., a leading South Korean battery…
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LG Energy set to acquire GM’s $1 bn stake in Ultium JV plant in Michigan
in NewsLG Energy Solution’s lithium-ion polymer batteries South Korea’s LG Energy Solution Ltd. plans to acquire General Motors Co.’s stake in…
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Korean companies’ cash reserves swell to record high
in News(Courtesy of Getty Images) Cash holdings at South Korean companies have soared to their highest-ever level, data showed on Monday.…
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Korean pension funds buy a net $1.2 bn Kospi stocks in November
in NewsNational Pension Service’s Investment Management headquarters in Jeonju, North Jeolla Province South Korean pension funds continued their buying spree on…
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LG Group affiliates unveil value-up plans
in NewsLG Group affiliates— LG Display Co., LG Innotek, LG Chem Ltd., and LG Energy Solution Ltd. —unveiled their ambitious growth…
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LG Chem signs deal to secure 100,000 tons of lithium from ExxonMobil
in NewsLG Chem CEO Shin Hak-cheol (right) shakes hands with ExxonMobil Low Carbon Solutions President Dan Ammann after signing an MOU…
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South Korea designates Korea Zinc’s precursor as national core technology
in NewsSouth Korea has designated Korea Zinc Inc.’s precursor manufacturing process as a national core technology and advanced industrial technology, effectively…
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LG Energy to supply 2170-type cylindrical battery cells to Bear Robotics
in NewsLG Energy Solution signs an MOU with Bear Robotics to Become the robotis maker’s exclusive supplier of cylindrical battery cells…
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Korean EV, battery makers to suffer from Trump’s plan to end incentives
in NewsUS President-elect Donald Trump addresses the Detroit Economic Club in Detroit, Michigan, home to the country’s three largest automakers, during…
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LG Energy bags 8-GWh ESS deal from Terra-Gen in US
in NewsLG Energy Solution’s ESS (Courtesy of LG Energy Solution) LG Energy Solution Ltd. will supply US renewable energy power producer…
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SpaceX to use LG Energy batteries for Starship rocket
in NewsA lift section part of Starship SpaceX, a spacecraft manufacturer led by Elon Musk, will use LG Energy Solution Ltd.’s…
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LG Energy to supply EV batteries to Rivian in $6.7 bn deal
in NewsThe Rivian R2 electric SUV to be equipped with LG Energy’s batteries (File photo downloaded from Rivian’s website) LG Energy…
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First Korean-American US Senator vows to cement Seoul-Washington tie
in NewsDemocratic US Representative Andy Kim delivers a victory speech at a DoubleTree Hotel in Cherry Hill, New Jersey on Nov.…
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Korean chipmakers, battery makers face new risks with Trump’s comeback
in NewsRepublican presidential nominee former President Donald Trump at an election night watch party on Nov. 6, 2024, in West Palm…
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L&F to supply ultra-high nickel cathodes to Korean, US EV makers
in NewsL&F’s Innovation Center in South Korea_an EV battery material maker South Korea’s leading battery materials maker L&F Co. plans to…
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LG Energy Q3 profit more than doubles on higher sales; shares jump
in NewsA vehicle platform equipped with LG Energy’s batteries displayed at a battery industry fair in Seoul in March 2024 (File…
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LG Energy, Stellantis’ EV battery JV in Canada mass-produces modules
in NewsNextStar, a joint venture between LG Energy and Stellantis, begins the mass production of EV battery modules (Courtesy of Yonhap)…
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LG Energy to supply batteries for Ford electric commercial vehicles
in NewsThe E-Transit, Ford’s all-electric van, which is expected to be equipped with LG Energy’s batteries (File photo downloaded from Ford’s…
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LG Energy to supply EV batteries to Mercedes-Benz in N.America
The G 580, Mercedes-Benz’s electric G-Class SUV (File photo by Mercedes-Benz) LG Energy Solution Ltd., the world’s third-largest electric vehicle…
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LG Energy to more than double sales to $50 bn by 2028
Kim Dong-myung, LG Energy Solution CEO, unveils the company’s long-term business goal on Oct. 7, 2024 in Seoul (Courtesy of…
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Korea’s KCC Glass to invest $525 mn more in Indonesian plant
Minister of Investment of Indonesia Rosan Roeslani (left) and KCC Glass Chairman Chung Mong-Ik light the melting furnace at the…
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LG Chem develops material blocking battery thermal runaway
LG Chem’s Platform Technology R&D team has developed a temperature-responsive safety-reinforced layer (SRL), a composite material designed to suppress battery…
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LG Energy Solution’s battery management business gains traction
Lee Dal-hoon (on stage), vice president and head of the BMS R&D Center at LG Energy Solution, speaks at the…
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KRX launches Korea Value-up Index to enlist 100 best practice firms
Korea Exchange South Korea’s securities exchange operator, Korea Exchange, launched a new corporate value-up index on Tuesday, a key plank…
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Hyundai Motor eyes EV battery production from 2027
Hyundai Motor’s dedicated battery electric vehicle platform, E-GMP (Courtesy of Wikipedia) Hyundai Motor Co. is preparing to build its first…
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LG Chem to provide cathode materials to Japan’s PPES
South Korea’s LG Chem Ltd. said on Sunday it will begin supplying cathode materials to Prime Planet Energy & Solutions…
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Hyundai Steel set to supply iron powder to Korean LFP cathode makers
Hyundai Steel’s plant in Dangjin, South Chungcheong Province Hyundai Steel Co., a unit of the South Korean automotive group Hyundai…
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Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index
ETF (Courtesy of Getty Images) Mobility, financial services and biotech companies have elbowed out battery and entertainment stocks in the…
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LG Energy Solution’s AVEL opens ESS power plant in Jeju
South Korea’s LG Energy Solution Ltd. said on Friday that its company in company (CIC) AVEL has launched South Korea’s…
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LG Energy Solution sells upcycled products
South Korea’s LG Energy Solution Ltd. said on Wednesday that it has started selling upcycled products made from waste separators…
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POSCO to invest in Tanzanian mine to cut Chinese graphite imports
Black Rock Mining Chairman Richard Crookes (front left) and POSCO International President and CEO Lee Kye-in (front right) sign a…
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High-performance 4680 battery war is on; LG Energy takes lead over rivals
LG’s EV battery system on display at Interbattery 2024 With stagnating electric vehicle sales or an EV chasm set to…
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POSCO Int’l wins first credit rating from S&P, Moody’s
South Korea’s POSCO International Corp. said on Thursday that it received its first-ever credit ratings from Standard & Poor’s (S&P)…
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LG Energy looks to battery safety diagnosis software business
EV battery system jointly developed by LG Energy and GM LG Energy Solution Ltd., one of the world’s top battery…
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Mercedes, BMW, Audi, VW offer deep discounts amid EV phobia in Korea
The Audi RS e-tron GT Imported vehicle dealers in South Korea are offering deep price cuts amid a growing electric…