Li-Cycle has announced plans to build its first Hub facility near Rochester, New York. The company expects to process equivalent battery material to power approximately 225,000 EVs per year. Li-Cycle (profiled in our July/August 2020 issue) uses a hub-and-spoke model for its recycling process. The New York Hub will be integrated with Li-Cycle’s existing network… Read more »
Search Results Found For: "LG"
Toray and LG Chem create battery separator joint venture
Toray Industries has concluded a joint venture agreement with LG Chem under which LG Chem will invest $375 million in Toray Industries Hungary (THU), establishing LG Toray Hungary Battery Separator (LTHS), in which Toray and LG Chem will each hold a 50% interest. The new joint venture will use existing THU facilities to manufacture battery… Read more »
Stellantis and LG Energy Solution to build battery factory for North American EV market
Stellantis and LG Energy Solution have agreed to form a joint venture that will produce battery cells and modules for North America at a new production facility. The companies are obviously fans of EV journalist John Voelcker, who praised Ford and GM for announcing new battery facilities in a recent Car and Driver article, and… Read more »
LG Energy Solution secures access to nickel and cobalt from Australian Mines
LG Energy Solution, one of Tesla’s battery suppliers, has entered into “a binding long form offtake agreement” with Australian Mines Ltd. for nickel and cobalt, which will be supplied in the form of mixed hydroxide precipitate (MPH) from the Sconi Project in North Queensland. Under the agreement, LG will have access to 71,000 tons of… Read more »
Proterra and LG Energy Solution sign long-term battery cell supply agreement
Commercial EV innovator Proterra (NASDAQ: PTRA) has formed a new agreement with LG Energy Solution to provide a long-term supply of cylindrical battery cells, to be manufactured at a new LG Energy Solution plant in the US. LG will deliver cells to Proterra’s factories for the manufacture of the company’s commercial EV battery systems. Proterra… Read more »
LG Electronics and Magna announce powertrain joint venture
LG Electronics and Magna International have established a joint venture to manufacture e-motors, inverters and on-board chargers. The new company, LG Magna e-Powertrain, will be headquartered in Incheon, South Korea, and is expected to have more than 1,000 employees in the US, South Korea and China. Powertrain development will be based on Magna’s electric powertrain… Read more »
Hyundai and LG to build battery plant in Indonesia
Hyundai Motor Group and LG Energy Solution have announced a Memorandum of Understanding with the Government of Indonesia to manufacture battery cells for EVs. Hyundai and LG will invest a total of $1.1 billion to build a jointly-owned battery cell plant in Karawang, Indonesia. Plant construction is scheduled to begin in the fourth quarter of… Read more »
HBK’s digital algorithm can map EV motor efficiency 10 times faster than analog systems
In order to maximize an EV’s range for a given battery capacity and vehicle weight, engineers try to eke out as much performance as possible from the electrical and mechanical systems. Using a process called efficiency mapping, they determine the “sweet spots” of a powertrain—the regions of the torque-speed curve where the system operates at… Read more »
LG Chem to invest $5.3 billion in battery materials by 2025, aims to rule anode market
LG Chem plans to invest 6 trillion South Korean won ($5.3 billion) in battery materials by 2025, including efforts in anode materials, separation membranes, cathode binders, radiant adhesives and carbon nanotubes. LG Chem’s goal is to grow into the world’s largest comprehensive battery materials company, and to become the world’s number-one supplier of anodes. A… Read more »
Tesla to use LG’s new NCMA cathode materials in Chinese Model Y
Over the last few years, Tesla has been diversifying its battery supply chain, working with new suppliers and trying out new chemistries in its cells. Gigafactory Shanghai, which is geographically close to the Asian firms that currently supply most of the world’s Li-ion cells, has been the center of the automaker’s brave new battery biz…. Read more »