Search Results Found For: "LG Energy Solution"

2024 Chevrolet Blazer EV: Chevy previews a mass-market electric SUV

Mid-size five-seat crossovers are a huge segment, and Chevy wants yours to plug in—next year. Chevrolet, it seems, doesn’t want to scare potential shoppers by offering up electric vehicles that stress too heavily the fact they’re … well, different. An advance preview of the upcoming 2024 Chevrolet Blazer EV suggested it’s very much a Chevy… Read more »

U-Mich researchers claim new approach reduces battery testing time by 75%

Researchers at the University of Michigan have developed a streamlined approach to testing new battery designs which they say could cut the time for both simulation and physical testing by as much as 75%. The new study, “A generic battery cycling optimization framework with learned sampling and early stopping strategies,” was published in Patterns-Cell Press…. Read more »

Global Li-ion battery production capacity could reach 6 TWh by 2030

Global lithium-ion battery production capacity could reach over 6,000 GWh (6 TWh) by the end of the decade, according to lithium industry authority Benchmark Mineral Intelligence. Battery manufacturing facilities (now invariably referred to as “gigafactories”) are being built by automakers and battery suppliers around the world. Total lithium-ion capacity (existing or under construction) has doubled… Read more »

New Hyundai plant to produce EVs in Indonesia

Hyundai has launched a new automotive plant that will produce Indonesia’s first locally assembled EV. In 2019, Hyundai said it would invest $1.55 billion in the plant by 2030. Initial capacity is 150,000 vehicles per year, and this will later be expanded to 250,000. The new assembly plant will be linked with a Hyundai-LG joint… Read more »

Liontown Resources to supply Tesla with Australian lithium

Australia-based battery materials company Liontown Resources has agreed to supply Tesla with spodumene concentrate, a source of lithium. Liontown will supply Tesla with up to 150,000 dry metric tons (DMT) of spodumene concentrate per year, produced at Liontown’s Kathleen Valley Lithium Project in Western Australia. Deliveries are expected to begin in 2024. Pricing will be… Read more »

2021 global trends in EV battery production: 3 Asian firms dominated

Adamas Intelligence’s latest EV Battery Capacity and Battery Metals Tracker describes the key trends in the EV battery industry in 2021. A record amount of passenger EV battery capacity was deployed, three companies claimed 67% of the global market, and Tesla was a dominant influence. According to Adamas Intelligence, 286.2 GWh of passenger EV battery… Read more »

GM to invest $7 billion in Michigan plants, mostly for battery cells and electric trucks

GM has announced new investment of more than $7 billion in four Michigan manufacturing sites, calling it “the single largest investment announcement in GM history.” Most of the new investment, which is expected to create 4,000 new jobs, is aimed at increasing battery cell and electric truck manufacturing capacity. Projects include the construction of a… Read more »

Chevy Bolt battery recall—Car and Driver reveals the gory technical details

The Chevy Bolt battery recall is bad news for GM, and for the EV industry. Every single Bolt EV and Bolt EUV is now under recall because of a potential battery defect that could cause a fire. Roughly a dozen fires have been reported, but no injuries or deaths to date. The three separate recalls… Read more »

Proterra to deliver 42 electric buses and 75 chargers to Miami-Dade transit agency

Proterra (NASDAQ: PTRA) and Miami-Dade County have announced a major fleet electrification project. The Florida metropolis will acquire an additional 42 Proterra ZX5+ electric transit buses, bringing its total fleet of Proterra electric buses to 75. Proterra will install 75 of its branded chargers, packing a total of 9 megawatts of power, at 3 bus… Read more »

Tesla battery supplier CATL planning a large new plant in Shanghai

Chinese battery manufacturer CATL is planning a major new automotive battery plant in Shanghai as it sets “a blistering pace of expansion that will cement its lead as the world’s number-one supplier,” unnamed sources have told Reuters. No timeline has been revealed. Tesla appears to be very much a part of CATL’s growth strategy. The… Read more »