Search Results Found For: "LG Energy Solution"

LG Energy Solution secures access to nickel and cobalt from Australian Mines

LG Energy Solution, one of Tesla’s battery suppliers, has entered into “a binding long form offtake agreement” with Australian Mines Ltd. for nickel and cobalt, which will be supplied in the form of mixed hydroxide precipitate (MPH) from the Sconi Project in North Queensland. Under the agreement, LG will have access to 71,000 tons of… Read more »

Proterra and LG Energy Solution sign long-term battery cell supply agreement

Commercial EV innovator Proterra (NASDAQ: PTRA) has formed a new agreement with LG Energy Solution to provide a long-term supply of cylindrical battery cells, to be manufactured at a new LG Energy Solution plant in the US. LG will deliver cells to Proterra’s factories for the manufacture of the company’s commercial EV battery systems. Proterra… Read more »

LG opens new EV charger factory in Fort Worth, Texas

LG Electronics has opened its first factory in the US for assembling EV charging stations. A ribbon-cutting ceremony for the Fort Worth facility was attended by the city’s mayor and other officials. LG already has a huge distribution center for consumer electronics and home appliances in Fort Worth. The new 100,000-square-foot plant will have an… Read more »

NOVONIX and SandboxAQ collaborate on AI solutions for EV batteries

NOVONIX, a battery materials and technology company, and SandboxAQ, an enterprise software-as-a-service (SaaS) company that combines artificial intelligence (AI) with quantum analysis (AQ), will collaborate to predict the lifespan of lithium-ion batteries. The companies will combine SandboxAQ’s AI-driven chemical simulation software and NOVONIX’s Ultra-High Precision Coulometry (UHPC) technology and battery cell prototyping and testing capabilities… Read more »

LG Chem targets sixfold sales growth in battery materials by 2030

LG Chem has announced a new strategy to become a top global battery materials company. CEO Shin Hak-cheol said at a recent battery conference in Seoul that LG Chem aims to grow its annual battery material sales sixfold, to KRW 30 trillion ($25.5 billion) by 2030. The expansion of the company’s battery business is part… Read more »

Snow Lake Resources and LG to partner on lithium supply for North American EV market

Snow Lake Resources—doing business as Snow Lake Lithium—has signed a non-binding Memorandum of Understanding (MOU) with LG Energy Solution (LGES) to collaborate on a lithium supply chain for the EV market in North America. As part of the MOU, Snow Lake Lithium plans to supply lithium to LGES from 2025 to 2035 from its Snow… Read more »

New smart charging solution allows drivers to match sessions with local renewable energy

Energy Web, a non-profit that creates operating systems for energy grids, has collaborated with the Volkswagen Group subsidiary Elli to develop a new smart charging solution designed to enable EV owners to charge with renewable electricity that is matched directly with the vehicle’s real-time electricity consumption. The solution relies on a 24/7 matching algorithm that… Read more »

Li-Cycle partners with LG to recycle battery manufacturing scrap

Li-Cycle, LG Chem (LGC) and LG Energy Solution (LGES) have agreed to cooperate on battery recycling and sales. Li-Cycle has agreed to recycle LGES’s battery manufacturing scrap and other lithium-ion battery material from its North American manufacturing sites over a 10-year period. Also, Li-Cycle has agreed to sell 20,000 tons of recycled nickel sulphate to… Read more »