LG announced that it is investing $450 million into producing 4680 battery cells, a format pioneered by Tesla. While the Korean battery manufacturer didn’t confirm that the new cells will be for Tesla ...
GM has built a strong argument around the idea that one specific battery cell format, co-developed with LG, is a key for the company realizing certain economies of scale as it ramps up EV production.
General Motors, which is currently scaling up its electrification efforts using its new Ultium platform, might make a major move related to batteries. According to The Elec, unofficial sources suggest ...
LG Energy Solution will invest $1.4 billion to build a new battery factory in Arizona by 2024 as it looks to meet the demand of customers in North America. The new battery factory will be LG’s first ...