Search Results Found For: "LG Energy Solution"

LG Energy to invest $4.5 billion to expand its US battery production capacity

LG Energy has announced that by the end of 2025, it will invest more than $4.5 billion in its US-based business to increase its battery production capacity by 70 GWh. LG and GM are currently discussing plans to build a second joint venture plant in the US, which is expected to have a production capacity… Read more »

GM and LG may build a second battery factory in Tennessee

If GM is going to electrify most of its lineup by 2035, it’s going to need a lot more batteries. Sending out press releases is fast and free, but building supply chains takes years and billions, so one indication of whether the automaker’s announced deadline is a serious objective or a mere aspiration will be… Read more »

LG to produce Tesla’s new 4680 battery cell at Korean factory

Tesla has recently introduced several battery innovations, including the new tabless 4680 cell, which it is believed to be producing in small quantities on a pilot line at its Fremont plant. However, the California carmaker has no intention of trying to produce all the cells it needs on its own. “The reason Tesla is doing… 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 »

Gentherm and GM find microclimate comfort system reduces energy use up to 69% in cold weather

Gentherm, a developer of thermal management technologies, has published the results of a study it performed in partnership with GM to understand the real-world effectiveness of a ‘microclimate’ comfort system in reducing energy use in EVs. The study found that Gentherm’s ClimateSense microclimate comfort system increases driving range and energy savings. As part of the… Read more »

ION Energy launches cloud-based battery management platform

ION Energy, which builds battery management systems for EVs and stationary energy storage, has announced the launch of EDISON Analytics, a cloud-hosted battery lifecycle management platform. Leveraging battery data, advanced electronics, machine learning and AI, the platform is designed to enhance performance and extend the life of Li-ion batteries. ION says batteries account for up… Read more »

Webasto to acquire AeroVironment’s Efficient Energy Systems for $35 million

Automotive supplier Webasto is set to acquire AeroVironment’s Efficient Energy Systems (EES) branch, pending several more heaps of paperwork. The $35-million acquisition includes EES’s charging and docking technologies, further diversifying Webasto’s portfolio.  Webasto originally specialized in heating, cooling and sunroof design for automotive applications, but it has been steadily working to expand into the EV energy… Read more »

eMotorWerks enables EV drivers to charge with solar energy

San Francisco-based eMotorWerks provides a variety of cloud-connected smart-grid charging solutions. The newest release of the company’s JuiceNet platform enables owners of solar arrays to coordinate smart EV charging with their solar generation. JuiceNet Solar “uses algorithms and charging controls to match the charging speed of any number of JuiceNet-connected EVs to second-by-second solar production.”… Read more »

Powin Energy receives patent for battery pack operating system

Powin Energy, a maker of stationary storage systems, has been awarded a patent for its Battery Pack Operating System (bp-OS). The bp-OS uses an algorithm to actively and passively balance batteries down to the cell level, and also offers a picture of battery health through real-time monitoring, state-of-charge management and diagnostics. According to Powin, it… Read more »