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Search Results Found For: "LG Chem"

New Linear Technology power manager and charger works with several battery chemistries

Linear Technology has introduced a versatile power manager and multi-chemistry battery charger. The LTC4020 features ±0.5% charge voltage regulation and operates across a 4.5 to 55 V input voltage range, with output voltage up to 55 V. Coupled with three selectable termination algorithms, the controller can handle a variety of battery-stack voltages and chemistries. A… Read more »

Northvolt to invest $750 million to expand Swedish battery lab

Battery manufacturer Northvolt plans to invest $750 million to expand its laboratory facility in Sweden in order to meet soaring demand for lithium-ion batteries. Northvolt says it plans to set up the “first R&D campus covering the entire battery ecosystem.” The order of the day in Europe is to quickly expand domestic battery capacity to… 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 »

Ford CEO: US government needs to support domestic battery production

Ford CEO Jim Farley says the US government needs to support domestic battery production and the rollout of public charging infrastructure. “We need to bring large-scale battery production to the US,” Farley said at a recent financial conference, adding that he planned to bring up the issue in upcoming talks with government leaders. The coming… 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 »

Brexit deal forces UK carmakers to develop domestic battery supply chain

Britain’s new relationship to the EU has important implications for automakers, specifically for their battery supply chains. As The Guardian reports, all UK-EU trade in cars and parts will continue to be free of tariffs or quotas, as long as they contain enough content from either UK or EU factories. For three years, batteries will… 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 »

Lordstown finalizes SPAC deal, starts trading on NASDAQ

Lordstown Motors has completed its business combination with DiamondPeak Holdings, a special purpose acquisition company (SPAC). For those of you who haven’t been following the EV “stock market frenzy,” a merger with a SPAC is the currently fashionable way for a startup company to go public—it’s quicker and involves less paperwork than the traditional IPO…. Read more »