Search Results Found For: "LG"

LG Chem to deliver complete battery pack for Chrysler Pacifica minivan PHEV

Korean battery maker LG Chem will supply the 16 kWh Li-ion battery pack system and controls for the 2017 Chrysler Pacifica Hybrid minivan. LG Chem Power CEO Denise Gray recently noted that LG Chem’s cells, modules and batteries are currently powering some 490,000 vehicles, spanning all levels of electrification from micro-hybrids to BEVs. However, the… Read more »

Volvo sells 11 plug-in buses to Belgian city

Volvo has won an order for 11 plug-in hybrid buses from the city of Namur in Belgium, the largest order to date for the company’s electrified buses. The buses will run on electric power within the city’s new zero-emissions zone. Public transport authority TEC, which transports more than 250 million passengers per year, is also… Read more »

Navigant Research crowns LG Chem as the Li-ion leader

A recent Leaderboard Report from Navigant Research examines the strategy and execution of eight leading EV battery manufacturers. Navigant puts LG Chem in first place, followed closely by Panasonic and Samsung SDI. A rung below these “Leaders” are what Navigant calls “Contenders,” including AESC, BYD, Johnson Controls and A123. Navigant projects the global market for… Read more »

LG Chem to supply battery upgrade for Tesla Roadster

Tesla has confirmed that it has a contract with South Korean firm LG Chem to provide batteries for Roadster 3.0, a package of range-enhancing improvements for Tesla’s famous first vehicle. The company began taking orders for the $29,000 upgrade in September. Until this announcement, Tesla’s only known battery supplier was Panasonic, which is a partner… Read more »

LG will supply much more than batteries for the Bolt

GM and LG have a real bromance going. The Korean electronics giant has been supplying key components of the Detroit automaker’s OnStar telematics system since 2007. Battery subsidiary LG Chem was the sole supplier of battery cells for the first-generation Volt. The two buddies will collaborate even more deeply on the upcoming Bolt 200-mile EV…. Read more »

Lux Research: LG Chem threatens Panasonic’s position as world’s top EV battery supplier

Japanese giant Panasonic is by far the largest automotive batter supplier at the moment, with a 39% market share. According to a new report from Lux Research, it will probably hang onto that position, increasing its share to 51% as EV batteries grow to a $30-billion market by 2020. However, there’s a real possibility that… Read more »

Volkswagen names LG Electronics one of its FAST suppliers

The Volkswagen Group has nominated 44 of its suppliers to collaborate on a new strategic level under the Future Automotive Supply Tracks (FAST) initiative. One of the first batch of preferred suppliers is LG Electronics, which provides high-voltage batteries for the Group’s various plug-in vehicles. Volkswagen launched the FAST program in February with the aim… Read more »

3M licenses NMC patents to LG Chem

3M and LG Chem have formed a patent license agreement to allow the Korean battery-maker to use 3M’s formulation of nickel manganese cobalt oxide (NMC) cathode materials in lithium-ion batteries. NMC, valued for its balance of power, energy, thermal stability and low cost, has been the subject of some rivalry and at least one lawsuit…. Read more »

LG Chem inks battery deal with Great Wall

Korean battery-maker LG Chem has made a deal with China’s Great Wall Motor to supply lithium-ion batteries for the carmaker’s upcoming plug-in hybrid SUVs, which are scheduled to go into production in 2017. LG Chem has extended its cooperation with Chinese carmakers in recent years, and with the Great Wall deal, the company says that… Read more »