Search Results Found For: ""LG ""

2024 Chevrolet Blazer EV: Chevy previews a mass-market electric SUV

Mid-size five-seat crossovers are a huge segment, and Chevy wants yours to plug in—next year. Chevrolet, it seems, doesn’t want to scare potential shoppers by offering up electric vehicles that stress too heavily the fact they’re … well, different. An advance preview of the upcoming 2024 Chevrolet Blazer EV suggested it’s very much a Chevy… Read more »

U-Mich researchers claim new approach reduces battery testing time by 75%

Researchers at the University of Michigan have developed a streamlined approach to testing new battery designs which they say could cut the time for both simulation and physical testing by as much as 75%. The new study, “A generic battery cycling optimization framework with learned sampling and early stopping strategies,” was published in Patterns-Cell Press…. Read more »

Over 300 battery gigafactories in the global pipeline

As EV demand steadily grows, automakers and their suppliers are wisely hustling to increase battery production capacity—preferably close to their auto plants and markets. Benchmark Mineral Intelligence reports that there are currently over 300 battery gigafactories in the construction or planning stages around the world. This represents some 6,388 GWh worth of battery capacity, a… Read more »

Global Li-ion battery production capacity could reach 6 TWh by 2030

Global lithium-ion battery production capacity could reach over 6,000 GWh (6 TWh) by the end of the decade, according to lithium industry authority Benchmark Mineral Intelligence. Battery manufacturing facilities (now invariably referred to as “gigafactories”) are being built by automakers and battery suppliers around the world. Total lithium-ion capacity (existing or under construction) has doubled… Read more »

New Hyundai plant to produce EVs in Indonesia

Hyundai has launched a new automotive plant that will produce Indonesia’s first locally assembled EV. In 2019, Hyundai said it would invest $1.55 billion in the plant by 2030. Initial capacity is 150,000 vehicles per year, and this will later be expanded to 250,000. The new assembly plant will be linked with a Hyundai-LG joint… Read more »

Liontown Resources to supply Tesla with Australian lithium

Australia-based battery materials company Liontown Resources has agreed to supply Tesla with spodumene concentrate, a source of lithium. Liontown will supply Tesla with up to 150,000 dry metric tons (DMT) of spodumene concentrate per year, produced at Liontown’s Kathleen Valley Lithium Project in Western Australia. Deliveries are expected to begin in 2024. Pricing will be… Read more »

2021 global trends in EV battery production: 3 Asian firms dominated

Adamas Intelligence’s latest EV Battery Capacity and Battery Metals Tracker describes the key trends in the EV battery industry in 2021. A record amount of passenger EV battery capacity was deployed, three companies claimed 67% of the global market, and Tesla was a dominant influence. According to Adamas Intelligence, 286.2 GWh of passenger EV battery… Read more »

Panasonic to start producing 4680 battery cells for Tesla in 2023

Tesla’s new 4680 cell features a new chemistry that promises to boost efficiency and reduce costs. Now Panasonic says it is investing heavily in the development of the new cell, and plans to start mass production as early as 2023. The new cell is about twice the size of Tesla’s current 2170 cell, but has… Read more »

GM to invest $7 billion in Michigan plants, mostly for battery cells and electric trucks

GM has announced new investment of more than $7 billion in four Michigan manufacturing sites, calling it “the single largest investment announcement in GM history.” Most of the new investment, which is expected to create 4,000 new jobs, is aimed at increasing battery cell and electric truck manufacturing capacity. Projects include the construction of a… Read more »