Ford Motor Company has cancelled a major electric vehicle (EV) battery supply agreement worth $6.5 billion with South Korea–based LG Energy Solution (LGES), marking a significant shift in the automaker’s…
LG Energy Solution
Global battery major LG Energy Solution (LGES) has secured a significant electric vehicle (EV) battery supply contract worth approximately USD 1.4 billion with Mercedes-Benz Group AG, further strengthening their long-standing…
Vietnamese automaker Kim Long Motors has signed a letter of intent with LG Energy Solution to secure a steady supply of cylindrical NMC battery cells for its upcoming electric vehicles.…
GM reportedly plans to continue using foreign CATL batteries for about two years. Until GM and its South Korean partner, LG Energy Solution, start producing LFP cells domestically, this agreement…
In a significant move to diversify its battery supply chain, Tesla has reportedly signed a USD 4.3 billion deal with South Korea’s LG Energy Solution (LGES), a major supplier of…
Aptera Motors Corp., a pioneer in solar electric vehicles (EVs), and LG Energy Solution have established an exclusive agreement to supply cylindrical batteries for Aptera’s cutting-edge solar EVs. The partnership…
In partnership with Qualcomm Technologies, Inc., LG Energy Solution has introduced a novel battery management system (BMS) diagnostic solution that is fueled by system-on-chip (SoC) technology. With its unmatched safety…
A new chapter in LG Energy Solution and General Motors’ (GM) 14-year partnership on battery advancements has begun with the announcement of a ground-breaking agreement to jointly develop prismatic battery…
After reporting a 39% decline in third-quarter profits, South Korean battery manufacturer LG Energy Solution said that it had a “conservative” outlook for revenue growth in the upcoming year and…
To power Ford Motor Company’s upcoming generation of electrified commercial vans throughout Europe, LG Energy Solution has announced the signing of important supply agreements. With contracts ranging from four to…