Search Results Found For: "LG"

LG and Magna enter agreement to expand powertrain electrification

LG and Magna have announced a joint venture to manufacture e-motors, inverters, onboard chargers and related e-drive systems. The new company, tentatively called LG Magna e-Powertrain, combines Magna’s experience in automotive manufacturing with LG’s expertise in component development for e-motors and inverters. LG has plenty of experience in developing electric vehicle components, most notably for… Read more »

Does Tesla plan to acquire a stake in LG’s battery business?

A recent report that Tesla is aiming to acquire a stake in LG’s soon-to-be-separate battery business sent shares in the Korean electronics giant soaring. However, it appears to be too early to tell if and how such an acquisition will take place. LG Chem announced in mid-September that it plans to spin off its battery… Read more »

LG Chem deployed more battery capacity than Panasonic in Q1 2020

In the first quarter of 2020, EV battery suppliers deployed 20.5 GWh of capacity globally, down from 26.5 GWh in the fourth quarter, and 20.9 GWh during the first quarter of 2019, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker. After losing the top spot to LG Chem in January… Read more »

Fastned to bring 13 new fast charging stations to Belgium

Flanders, Belgium, is about to become a whole lot friendlier to EV drivers. Fastned, a growing charging network operator, plans to add 13 new highway fast charging stations to its network. The new stations, featuring charging levels up to 350 kW, will be constructed at current highway parking facilities throughout the Flemish provinces of Limburg,… Read more »

GM and LG Chem to build battery cell plant in Lordstown, Ohio

General Motors and LG Chem have announced plans to establish a battery cell assembly plant on a greenfield site in the Lordstown area of Northeast Ohio. The companies will invest up to $2.3 billion in the facility through a new joint venture. The new factory will eventually provide batteries for GM’s electric pickup truck, expected… Read more »

Florida to use VW Dieselgate funds to install fast charging stations, and to buy more diesels

The good news: Florida plans to invest $25 million from Volkswagen’s Dirty Diesel settlement in a network of highway charging stations. The (potentially) bad news: the state could choose to spend the rest of the settlement funds to replace existing diesel engines with newer, slightly cleaner, diesel engines. As part of Volkswagen’s punishment for getting… Read more »

AI algorithm accurately predicts the life cycle of Li-ion batteries

Scientists at MIT, Stanford and the Toyota Research Institute (TRI) have developed an AI algorithm that they say can accurately predict the useful life of Li-ion batteries. The algorithm analyzed factors such as voltage decline to make predictions as to how many more cycles a battery would last. The predictions turned out to be within… Read more »

New book: the Dieselgate scandal was not an isolated incident, was not a secret, and is not over

The “Dieselgate scandal,” or as we like to call it, the “dirty diesel debacle,” was a catalytic event (pun intended). It led to some major changes at Volkswagen, and shook up the European auto market. However, only time will tell how much of this change will prove to be permanent. The Volkswagen Group has announced… Read more »

LG Chem hosts $1.9-million battery innovation competition

LG Chem has announced a $1.9-million startup contest it calls The Battery Challenge. The competition is intended as a springboard for new concepts and partnerships in four categories: Battery Material, Battery Management and Control, Design, Manufacturing and Processing and Recycle and Regeneration. Applications are being accepted until November 2. Teams must submit business plans and pitches… Read more »