The bad news: a colorful scandal has emerged at another of the companies that received DOE funds to build EV-related components. The good news: this time the feds got wise to the hanky-panky in time, and are forcing the company to make amends. In 2009, Korean battery maker LG Chem received a $150-million federal grant,… Read more »
Posts Tagged: LG Chem
It may not sound as exciting as a battery fire or a new electric race car, but this week’s news could be critically important for the Korean battery market. The Korea Times reported that SK Innovation has won a patent lawsuit against LG Chem, the world’s biggest player in batteries. Last December, LG filed a lawsuit alleging… Read more »
French president Francoise Hollande announced this week that his government would increase incentives for the purchase of high-tech cars.
Lithium ion batteries – we EV boosters love ‘em (though we wish they could be a bit lighter and a lot cheaper). EV party-poopers hate ‘em, telling anyone who will listen that they’re bound to explode, stop working after a year or two, or maybe even channel mind-controlling signals from hippy Communist aliens. Everyone agrees… Read more »