LG Energy Solution will invest around $2 billion on increasing output in North America as the South Korean battery maker ramps up production to meet rising demand for electric cars.
March 23, 2022battery News Updates
LG Plans Battery Plants for Canada, Arizona
Redwood Materials Works With California on Used Battery Collection
Redwood Materials announced a used battery collection program for California, with Ford and Volvo as project-launch partners.
February 18, 2022GM to Resume Bolt Production as Fix Found for Battery Fires
General Motors Co. will resume production of the Chevrolet Bolt and larger Bolt EUV electric vehicles in April after the automaker and its battery partner, an LG Group company, found a solution to its manufacturing gaffes.
February 15, 2022GM Says Production Starts on Replacement Batteries for Bolts
General Motors said Sept. 20 that production has resumed for battery modules used in recalled Chevrolet Bolt electric vehicles, and customers could start getting replacement parts by mid-October.
September 20, 2021After Chip Crisis, Is Battery Shortage Next?
Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.
July 23, 2021Ford to Open Battery Research Lab in Electric Vehicle Push
Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.
April 27, 2021EV-Battery Rivals Prod Biden With Rare Trade Veto in Balance
Two of the world’s largest electric-vehicle battery-makers have hired top Washington insiders to hold near-daily meetings with the Biden administration in a battle that could affect the electrification plans of Ford Motor Co. and Volkswagen AG.
April 7, 2021European Manufacturers Race on Electric Vehicle Batteries
With Europe expected to lead the world in electric-car sales for a second straight year, an epic rush to build a battery-supply chain from scratch is playing out across the continent.
April 5, 2021Battery Maker Microvast Agrees to Merger With Tuscan SPAC
Battery maker Microvast Inc. will go public via a merger with blank-check company Tuscan Holdings Corp. in a deal that values the combined company at $3 billion.
February 1, 2021Batteries for Electric Cars Speed Toward Tipping Point
According to a survey conducted by BloombergNEF, electric vehicle makers soon will be producing models that are as affordable — and as profitable — as comparable combustion-engine models.
December 16, 2020Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics