Associated tags: Carbon, LG Energy Solution, LG Chem, KRX, Research, Hyundai Motor Group, General Motors, EV, Lithium, Renewable energy, ESS, ESG, Environment, KRW
Locations: US, UNITED STATES, TEXAS, CHILE, NEVADA, TOYOTA, KENTUCKY, SOLARIS, MASSACHUSETTS, AUD, WESTERN AUSTRALIA, SOUTH KOREA, CHINA, EUROPE, SEOUL, INDIA, ARIZONA, NORTH AMERICA, MICHIGAN, HONDA, PINAL COUNTY, KOREA
Retrieved on:
Wednesday, April 24, 2024
Electrode,
Investment,
Cell,
Risk,
DLD,
KRX,
LCO,
Silicon,
NMC,
ESS,
Electrolyte,
Semiconductor,
Carbon,
LMO,
EV,
Patent,
LG Energy Solution,
Electronics,
LFP,
Intellectual property,
BMS,
Overalls,
Growth LG Energy Solution is evaluating all options in this regard, including issuing warning notices or filing patent infringement lawsuits against those infringing on its patents.
Key Points:
- LG Energy Solution is evaluating all options in this regard, including issuing warning notices or filing patent infringement lawsuits against those infringing on its patents.
- "LG Energy Solution is the 'original innovator' in the global battery industry, and we have pioneered the global market through continuous technological development and breakthrough innovations since the inception of the industry," said Han Sun Lee, Head of the IP Center at LG Energy Solution.
- After decades of market leadership, LG Energy Solution now aims to lead the establishment of a fair battery patent licensing market to protect its innovative technologies and uphold fair market competition.
- To ensure the advancement of the overall industry and the company, we will protect our intellectual properties and take bold countermeasures on patent infringements," said David Kim, CEO of LG Energy Solution.
KRW,
EV,
Completion,
Solar energy,
EVS,
LFP,
Pleasure,
Plant,
Mobility,
Safety,
State government,
LG Energy Solution,
ESS,
KRX,
Combs High School,
General Motors,
Supervisor,
Renewable energy The attendees included Brian Oh, Head of Mobility & IT Battery Division at LG Energy Solution; Hyung Kim, Head of ESS Battery Division at LG Energy Solution; Richard Ra, President of LG Energy Solution Arizona; Gov.
Key Points:
- The attendees included Brian Oh, Head of Mobility & IT Battery Division at LG Energy Solution; Hyung Kim, Head of ESS Battery Division at LG Energy Solution; Richard Ra, President of LG Energy Solution Arizona; Gov.
- The complex consists of two manufacturing facilities which are the company's first stand-alone cylindrical and ESS battery plants in North America.
- The cylindrical battery plant, called LG Energy Solution Arizona, will produce 46-Series batteries for electric vehicles (EV).
- The ESS battery manufacturing facility, called LG Energy Solution Arizona ESS, will produce lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS).
Retrieved on:
Tuesday, February 13, 2024
Lithium,
LG Energy Solution,
KRX,
Senior,
Calendar,
Sociedad, Morazán,
Covalent bond,
Energy,
SQM,
Partnership LG Energy Solution signs a second offtake agreement with WesCEF, expands its supply chain for competitive lithium procurement
Key Points:
- LG Energy Solution signs a second offtake agreement with WesCEF, expands its supply chain for competitive lithium procurement
Lithium hydroxide and lithium concentrate from WesCEF's Mt.
- Under the agreement, WesCEF will supply LG Energy Solution up to 85,000 tons of lithium concentrate, which could be utilized in producing around 11,000 tons of lithium hydroxide, a crucial raw material for cathodes.
- As part of its efforts to further enhance its lithium supply chain, LG Energy Solution has also secured a partnership with SQM, a global mining company based in Chile and also an investor in the Mt.
- Holland lithium project, as two companies signed a new long-term supply agreement for lithium carbonate and lithium hydroxide last year.
Retrieved on:
Wednesday, January 24, 2024
Technology,
Alternative Vehicles,
Fuels,
EV,
Electric Vehicles,
Automotive,
Automotive Manufacturing,
Manufacturing,
Alternative Energy,
Energy,
Hardware,
Stanford University,
IP,
Eric Schmidt,
Anxiety,
LG Energy Solution,
Safety,
Original equipment manufacturer,
Lithium,
Cell Sion Power Corporation , a leading technology developer of next-generation batteries for electric vehicles (EV), announces today that it has secured $75 million in Series A funding.
Key Points:
- Sion Power Corporation , a leading technology developer of next-generation batteries for electric vehicles (EV), announces today that it has secured $75 million in Series A funding.
- It is the Sion Power belief that any lithium metal system will require compression to have a viable energy storage system.
- “We’ve invested in Sion Power because its strong IP portfolio is critical to enable lithium-metal technology on a commercial basis.
- Its technology will greatly expand the adoption of electric vehicles by expanding driving ranges at a reduced cost for lithium batteries.
Retrieved on:
Wednesday, January 24, 2024
A lithium metal battery uses a lithium metal anode instead of a graphite or silicon anode to achieve higher energy efficiency compared to existing lithium-ion batteries.
Key Points:
- A lithium metal battery uses a lithium metal anode instead of a graphite or silicon anode to achieve higher energy efficiency compared to existing lithium-ion batteries.
- By investing in Sion Power, LG Energy Solution plans to preempt innovative technologies and take the lead in developing next-generation battery technologies.
- The investment will be executed through LG Technology Ventures (LGTV), a corporate venture capital firm, and Bricks Capital Management (BCM), a private equity investment firm, both of which LG Energy Solution has committed to invest in.
- "This investment is a strategic decision to solidify our leadership in the development of next-generation technologies in the battery industry," said an LG Energy Solution spokesperson.
Retrieved on:
Wednesday, December 20, 2023
Green Technology,
Manufacturing,
Environment,
Batteries,
White House,
Federal Government,
Automotive,
EV,
Electric Vehicles,
Sustainability,
Software,
Hardware,
Environmental Health,
Technology,
Other Energy,
Public Policy,
Government,
Utilities,
Alternative Vehicles,
Fuels,
Energy,
Other Manufacturing,
Multimedia,
IRA,
Environmental protection,
Acquisition,
LFP,
ACP,
ESS,
LG Energy Solution,
Legislation,
NEC,
Coal,
Machine learning,
Growth,
Safety,
ROI,
Electric battery LG Energy Solution Vertech has already lined up 10 GWh of grid-scale battery energy storage (ESS) projects in the US for the new year, proving the US ESS market has exactly as much potential as predicted.
Key Points:
- LG Energy Solution Vertech has already lined up 10 GWh of grid-scale battery energy storage (ESS) projects in the US for the new year, proving the US ESS market has exactly as much potential as predicted.
- LG Energy Solution Vertech was established when LG Energy Solution acquired NEC Energy Solutions in February 2022 to vertically merge battery manufacturing and energy storage system integration.
- All projects will incorporate advanced lithium-ion batteries manufactured by LG Energy Solution with hardware integration, system controls software, and related services provided by LG Energy Solution Vertech.
- Localizing energy storage battery production further solidifies the reliable supply chain LG Energy Solution offers to battery energy storage companies.
Retrieved on:
Thursday, December 7, 2023
NCM,
Solaris Bus & Coach,
Chemistry,
Kobierzyce,
KRX,
LG Energy Solution,
Partnership,
Biskupice Podgórne,
Transport,
Rail transport,
Electric battery,
Renewable energy The supplied batteries will be capable of supporting the manufacture of nearly 3,000 large commercial electric vehicles.
Key Points:
- The supplied batteries will be capable of supporting the manufacture of nearly 3,000 large commercial electric vehicles.
- With the entire process from battery manufacturing to electric bus production taking place in Poland, this deal aims to establish a comprehensive supply chain for Europe's electric public transportation system.
- The agreement also marks a major milestone for both companies in solidifying technological leadership in the highly demanding commercial vehicle sector.
- "Our partnership with LG Energy Solution will strengthen our leading battery offering in the bus market.
Retrieved on:
Wednesday, October 25, 2023
Toyota,
Erosion,
JV,
EV,
KRW,
NCM,
NCMA,
IRA,
ASP,
Original equipment manufacturer,
KRX,
Nickel,
Cell,
Cobalt,
ESS,
Lithium,
LFP,
Growth,
CFO,
LG Energy Solution,
GM,
LEV,
Renewable energy,
Electric battery LG Energy Solution posted consolidated revenue of KRW 8.22 trillion, a 6.3 percent decrease quarter-on-quarter and a 7.5 percent increase year-on-year.
Key Points:
- LG Energy Solution posted consolidated revenue of KRW 8.22 trillion, a 6.3 percent decrease quarter-on-quarter and a 7.5 percent increase year-on-year.
- The company posted operating profit of KRW 731.2 billion, a 58.7 percent increase quarter-on-quarter and a 40.1 percent increase year-on-year.
- LG Energy Solution will also strengthen its product portfolio targeting mid- to low-end EV segment, namely high-voltage mid-nickel NCM solution with a cost advantage, manganese-rich batteries, and LFP[２]/LMFP[３]batteries.
- "In response to constantly evolving and diversified market needs, we will secure differentiated production competitiveness across all segments, ranging from premium and mainstream to affordable," said Youngsoo Kwon, CEO of LG Energy Solution.
Retrieved on:
Monday, November 20, 2023
Technology,
Construction & Property,
Other Energy,
Building Systems,
Alternative Energy,
Energy,
Batteries,
Hardware,
Residential Building & Real Estate,
LG Energy Solution,
EV,
UL (safety organization),
PV,
Laboratory,
AC,
KRX,
Kilowatt-hour,
Multimedia,
ESS,
Customer,
Safety,
Installation,
Fire,
BCU,
Online shopping,
Heating, ventilation, and air conditioning,
Thermoplastic Key Points:
- View the full release here: https://www.businesswire.com/news/home/20231018508836/en/
The LG Energy Solution enblock S energy storage system will launch in the U.S. in November.
- LG Energy Solution enblock S 10 has three BMAs and an energy capacity of 10.6 kWh; the LG Energy Solution enblock S 14 has four BMAs and 14.1 kWh; and the LG Energy Solution enblock S 17 has five BMAs and 17.7 kWh.
- Later this year, LG Energy Solution will introduce enblock S+, enabling customers to acquire the enblock S battery in conjunction with LG Energy Solution’s new AC-coupled inverter as a bundled solution.
- Find out more features of the LG Energy Solution enblock S by watching this video: https://news.lgensol.com/media-library/videos/1920/
LG Energy Solution enblock is a new residential ESS brand.
Retrieved on:
Thursday, October 5, 2023
NCMA,
Cell,
Aluminium,
Bev,
Safety,
Carbon,
KRW,
Manganese,
LG Energy Solution,
Growth,
Cobalt,
Nickel,
Toyota Motor Manufacturing Kentucky,
KRX,
Toyota Motor North America,
BEV,
Electric battery,
Automotive industry,
Lexus - Two global leaders join forces to drive the future growth of battery electric vehicles in the U.S.
Key Points:
- - Two global leaders join forces to drive the future growth of battery electric vehicles in the U.S.
- LG Energy Solution to supply Toyota with 20GWh of high-nickel NCMA battery modules annually from 2025.
- SEOUL, Korea and PLANO, Texas, Oct 5, 2023 - (JCN Newswire) - LG Energy Solution (KRX: 373220) and Toyota Motor North America, Inc. (Toyota) today announced that they have signed a supply agreement for lithium-ion battery modules to be used in Toyota battery electric vehicles (BEVs) that will be assembled in the United States.
- Under the contract, LG Energy Solution will supply automotive battery modules at an annual capacity of 20GWh starting from 2025.
- The battery modules, consisting of high-nickel NCMA (nickel, cobalt, manganese, aluminum) pouch-type cells, will be manufactured in LG Energy Solution's Michigan facility.
