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Tag: LG New Energy

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LG New Energy and Toyota North America sign automotive battery supply agreement

LG Energy Solution issued a press release today announcing the signing of an electric vehicle battery supply agreement with Toyota Motor North America for...

Hyundai and LG spends $2 billion at Georgia EV plant

According to foreign media reports, due to the rising cost of building factories caused by inflation and other factors, Hyundai Motor Group is building...

LG New Energy Q1 revenue doubles to new high of KRW 8.75 trillion, profit up 166.7% YoY

As the demand for electric vehicles continues to increase significantly, the demand for batteries, a key component, has also increased significantly, and the performance...

LG New Energy U.S. battery plant construction considered to receive cash subsidies

According to foreign media reports, in recent years the United States in the construction of chips, electric vehicles and battery factories, including tax credits,...

LG New Energy CEO: will start producing lithium iron phosphate batteries for electric vehicles in 2025

According to foreign media reports, South Korean battery maker LG New Energy CEO Kwon Young-soo said at the shareholders meeting that the company will...

LG New Energy and Honda joint venture to build $4.4 billion battery plant in U.S.

South Korea's LG New Energy said that its joint venture with Honda, LH Battery, has begun construction of an electric vehicle battery plant in...

LG New Energy Q4 results jump year-over-year, in talks with Tesla to supply batteries from Arizona plant

Battery maker LG New Energy today announced its latest financial results. According to the report, the company increased production to address a large backlog...

LG New Energy and Honda formally established a joint venture battery production

LG New Energy and Honda Motor Co., Ltd. today announced the formal establishment of a joint venture (JV) that will produce lithium-ion batteries for...

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