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Ford and LG Energy Solution expand EV battery agreements

Electric vehicle battery supplier, LG Energy Solution, has announced a series of new agreements with Ford Motor Company, covering both its European and American operations.Under the new contracts, LG Energy will supply battery modules...

Panasonic joins race with LG, aiming to mass produce energy-dense 4680-type EV cells by 2025

Panasonic Energy, who supply EV batteries to manufacturers such as Tesla, is now finalising preparations to put larger, more energy-dense 4680 cylindrical battery cells into mass production.The announcement comes a week after rival EV...

LG expects ‘Supercell’ EV battery mass production by December

LG Energy Solution plans to begin mass production of 4680-type cylindrical battery cells by the end of the year, hoping to supply the cells to OEMs such as Tesla.The 4680 battery type has been...

Hyundai and LG complete an advanced EV battery plant in Indonesia, boosting local production goals

Hyundai and LG completed the HLI Green Power EV battery plant in Indonesia with a 10 gigawatt-hour annual capacity.Hyundai's Indonesian plant will start mass production of the KONA Electric EV, leveraging the new facility’s...

Bulgaria, Lithuania, and Romania are set for a major EV boost with a €15 million investment in Eldrive Holding

The EBRD is investing €15 million in Eldrive to expand EV charging stations in Bulgaria, Lithuania, and Romania.The EIB is providing €40 million venture debt, supporting EU decarbonisation goals and addressing transport sector CO2...

Volvo reportedly moving more EV production from China to Belgium, ahead of potential EU tariffs

Ahead of possible tariffs imposed on Chinese-made EVs imported into the European Union, Volvo has begun shifting production of some of its EVs made within China to Belgium.With a current EU tariff on China-imported...