LG Chem CFO Cho Suk-jeh told Reuters this week that the South Korean company plans to supply batteries for an EV with more than 200 miles of range in 2016. Cho Suk-jeh did not say which automaker(s) would be using the new cells, but GM seems to be a likely candidate. It currently has a… Read more »
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LG Chem licenses separator film technology to Ube Maxell
LG Chem has agreed to license its separator film technology agreement to Ube Maxell. Under the agreement, Ube Maxell acquires patent use rights from LG Chem for ceramic coating of separator substrates, a key component of lithium-ion batteries. Ube Maxell, a joint venture between Ube Industries and Hitachi Maxell, was formed in 2011 to manufacture… Read more »
Celgard files suit against LG Chem over battery separator patent
Celgard, a subsidiary of Polypore International (NYSE:PPO), has filed a complaint against LG Chem, alleging that the Korean chemical giant has infringed one of Celgard’s US patents for a battery separator. The patent in question covers ceramic composite layer lithium-ion battery separators. Celgard filed the lawsuit following a lengthy period of discussions with LG regarding… Read more »
LG Chem secures international patents for its safety-reinforced battery separator
LG Chem, the world’s largest lithium-ion battery maker, has obtained a patent for its safety-reinforced separator (SRS) in Europe and Japan. The company already has patents for the technology in South Korea, the US and China. The separator is an important component of lithium-ion polymer batteries, separating the negative and positive poles to prevent internal… Read more »
LG Chem says US battery plant will begin production in late 2013
South Korea’s LG Chem plans to start production at its US car battery factory in the second half of this year, two executives told Automotive News. The Holland, Michigan manufacturing plant drew some unpleasant publicity in February, when a DOE investigation found that the production line at the plant was idle, but workers were being… Read more »
Sion Power raises $75 million to commercialize its Licerion tech for lithium metal EV batteries
Sion Power, a developer of next-generation batteries for EVs, has secured $75 million in a Series A funding round led by battery manufacturer LG Energy Solution. Sion Power will use the funding to validate its Licerion technology technically and commercially. The company plans to build a fully automated line to make large-format lithium metal cells… Read more »
EVs reach 90% market share in Norway as the overall auto market falters
The days of ICE vehicles in Norway are numbered. Some years ago, the government set a goal of 100% electric sales by 2025, and that goal is well within sight. In the month of February, plug-in vehicles took 92.1% of the market, up from 90.1% year-on-year. Battery EVs took a 90% share, as recent tax… Read more »
GM says equipping the next-gen Chevy Bolt EV with LFP batteries will save billions
EV enthusiasts were disappointed at GM’s decision to discontinue the popular (if a bit dull) Chevy Bolt EV last year. In hindsight, the move may have been premature—the new Ultium EVs that were supposed to replace the Bolt in GM’s lineup have been delayed, causing the company to post embarrassingly low EV sales figures for… Read more »
GM insiders explain why Ultium EV production stalled
As the popular narrative has it, GM, Ford et al are walking back on their electrification plans because EV sales have slowed. Seldom mentioned in the headlines is the fact that GM and others have very few EVs for sale at the moment, and have fallen way behind their putative schedules for releasing new models…. Read more »
Isuzu to invest two billion bucks in electric trucks and batteries
Japanese automaker Isuzu is planning to invest nearly two billion dollars in electric trucks and batteries, according to EV news outlet Electrive. According to a regulatory filing, Korean battery giant LG Energy Solution will supply Isuzu with cylindrical cells through 2026 in a deal worth one trillion Korean won ($748 million). LG has been supplying… Read more »