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Search Results Found For: "tesla lg chem"

LG Chem means to have a 25 percent share of a growing EV battery market

After years of disappointment, the EV market is ready to grow, predicts Prabhakar Patil, CEO of LG Chem Power, and the Korean battery maker means to be one of the top players. “We expect to have a 25 percent share [of the global battery market],” Patil told Automotive News. “We know that we will be… Read more »

Tom Gage on ZEV mandates, Tesla’s early days, BMW’s EV commitment and V2G tech

Q&A with the EV trailblazer Tom Gage Tom Gage is one of America’s true EV pioneers. He’s perhaps best known as one of the designers of the tzero electric sports car that provided the inspiration for the Tesla Roadster. However, that is far from his only contribution to the electric mobility field. Charged recently caught up… Read more »

Samsung SDI to supply batteries to Tesla?

Tesla is looking to diversify its supply of lithium-ion batteries, and is close to an agreement with Korean firm Samsung SDI, the Korea Herald reported, citing unidentified industry sources (an SDI official has denied the report). “We understand SDI and Tesla are undergoing last-minute tests before the Korean company starts to supply its batteries,” said… Read more »

Five companies produce almost all EV battery cells for the US market

Five companies (AESC, LG Chem, Panasonic, Samsung and SK Innovation) produced almost all the battery cells used in plug-in vehicles for the US market over the past decade. Total capacity produced was 75,933 MWh. Panasonic supplied 74% of all the cells, and a majority of these were installed in Tesla battery packs.  A small percentage… Read more »

Lordstown announces battery supplier for Endurance pickup, plans to produce electric van in 2022

Lordstown Motors has released an update on its business plans that includes several bits of news. The Ohio-based EV builder confirmed that it has signed a multi-year battery supply agreement with LG Chem for the Endurance. The upcoming electric pickup will use 2170 cylindrical cells like the ones used in Tesla’s Model 3 and Model… Read more »

2022 Bolt EUV model that Chevy calls an SUV joins an updated Bolt EV priced from $31,995

For 2022, the Chevrolet Bolt lineup will expand from one to two models, with a new, so-called SUV version added alongside the original hatchback. Importantly, the Bolt siblings will take on a new role as the most affordable entries in a lineup of Chevrolet electric vehicles expected to grow significantly by 2025. Chevy dubs its… Read more »

European Commission approves €2.9 billion in funding for comprehensive battery project

The European Commission has approved a second Important Project of Common European Interest (IPCEI) to support innovation throughout the battery value chain. The European Battery Innovation project calls for 12 member states—Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden—to provide up to €2.9 billion in funding in the coming years…. Read more »

GM teases future electric Chevy crossover and pickup, invests more in EVs

General Motors CEO Mary Barra said Thursday the company is accelerating its electric-vehicle efforts, pulling forward the schedule on many future launches, and expanding the number of EV models it sells globally to 30 by the end of 2025—a larger number than the dozen future EVs shown to journalists in a no-cameras presentation in March…. Read more »

The monster that wouldn’t die—varied reactions to GM’s electric Hummer unveil

EV fans tend to be divided into two groups: Greenies and Car Guys, and reaction to GM’s upcoming Hummer EV has, unsurprisingly, been divided along those lines. Hummer good Most of the media is ecstatic over the new machine. Many are praising its “bad-ass” looks (GM says it wanted to make it look “less military”… Read more »

Lucid Air demonstrates 500-mile range

Lucid Motors has announced independent verification of a 517-mile range for its upcoming Lucid Air luxury sedan. The tests were conducted by FEV North America in Auburn Hills, Michigan, using the EPA’s Multicycle Test procedure. This appears to be a new record for a passenger EV, handily besting the 402-mile range of the 2020 Tesla… Read more »