Search Results Found For: "LG Chem"

Korean battery-makers to introduce NCM 811 cells

There’s a new battery cell in town, and everybody’s talking about its better energy density and lower costs. South Korean cell maker SK Innovation recently announced that its new NCM 811 cells would be available in December for stationary storage systems, and in the third quarter of 2018 for EVs. SK’s current cells use an… Read more »

Analyst predicts Tesla will have a near-monopoly in EVs

As Tesla soars and the legacy automakers waffle, a classic disruption scenario, unthinkable only a couple of years ago, seems ever more likely. The latest to reach this conclusion is analyst Alexander Haissl of Hamburg’s Berenberg Bank, who predicts in a recent report that Tesla will end up with a near-monopoly of the EV market…. Read more »

2017 Chevrolet Bolt EV: The era of long-range, mid-priced EVs is here

The 2017 Chevrolet Bolt EV will surely be remembered as a milestone model in automotive history – and hopefully for more than just the hype that heralded it. For several years, the punditocracy has been saying that the “killer app” that would bring electromobility to a “tipping point” and build that all-important “critical mass” would… Read more »

POSCO begins lithium production in Korea

Korea-based steel-maker POSCO has begun commercial production of lithium in South Korea for the first time. In February, POSCO completed a lithium extraction plant with an annual capacity of 2,500 tons. Speaking at the opening ceremony, Jong-joo Kim, the Director of the Korean Ministry of Trade, Industry and Energy, noted that Korea, a major battery… Read more »

Faraday Future reveals production-ready FF 91, announces over 64,000 reservations

Faraday Future (FF), the intriguing EV startup that employs several alumni of Tesla and other automotive and tech giants, revealed its first production vehicle, called FF 91, at a press event prior to the recent CES trade show. FF 91 features a monocoque vehicle structure that integrates the chassis and body, and a multi-motor setup… Read more »

Chrysler reveals pricing and features for Pacifica PHEV

Chrysler is joining the plug-in party with a PHEV version of its popular Pacifica minivan. The 2017 Pacifica Hybrid has an estimated electric range of 30 miles, and fuel efficiency of 80 MPGe in city driving. LG Chem is supplying the 16 kWh Li-ion battery pack system and controls. The pack carries a 10-year/150,000-mile warranty…. Read more »

EVs aplenty at Paris Motor Show

Electricity was en vogue at the recent Paris Motor Show. Few automakers had any new ICE vehicles (isn’t that an oxymoron anyway?), but there were updates to several production EVs, and a couple of promising concepts, on display. The Renault Zoe, Europe’s best-selling plug-in vehicle, has gotten a substantial battery upgrade. An available 41 kWh… Read more »

Oilprice.com says lithium is poised for more price spikes

Some call lithium “white gold,” but in fact, lately the light metal has been beating gold in appreciation, becoming the hottest metal of 2016 for commodities traders. Although lithium’s price rise has slowed in recent months, the fundamentals suggest strong potential for long-term growth, according to James Stafford of Oilprice.com. “There is no doubt as… Read more »

Musk: Panasonic will be exclusive battery supplier for Model 3

Tesla has a long-standing relationship with Panasonic, as a battery supplier and a partner in the Gigafactory. So EV-savvy ears perked up at news that the California carmaker had met with a trio of Korean battery-builders. In fact, Reuters reported that Samsung SDI was “making progress” in talks with Tesla to supply batteries for Model… Read more »

SK Innovation considers China EV battery factory

SK Innovation, South Korea’s largest oil refiner and chemical supplier, says it is having talks with several companies about jointly establishing an EV battery factory in China. “An investment announcement will likely be made in the near future,” said Chief Executive Chung Chul-khil, adding that the joint venture in China may be with a battery… Read more »