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Commercial
US Department of Energy to loan $2.5 billion for joint battery venture between GM and LG Energy Solution
The US Department of Energy’s Loan Programs Office (LPO) has announced that it plans to loan $2.5 billion to a joint venture between General Motors (GM) and LG Energy Solution to help finance the...
Commercial
Liontown and LG Energy Solution partner to meet the growing demand for electric vehicle (EV) batteries
Initial five-year term expected to commence in 2024, with the ability to extend for a further five years
Commercial
Maserati takes a prototype GranTurismo Folgore electric car to the streets
New electric vehicle (EV) from the luxury Italian carmaker is expected to make its debut in 2023
Commercial
Stellantis and LG Energy Solution partner to create the first large scale electric vehicle (EV) battery plant in Canada
Together the two companies will invest over $5 billion CAD in the facility that will provide an estimated 2,500 new jobs
Career Moves
LG Energy Solution appoints Dr Peter Kyungsuk Pyun as new chief digital officer
His role will be to lead the digital transformation of the company’s battery manufacturing unit
Commercial
Stellantis and LG Energy Solution join forces for lithium-ion battery production for electric cars in North America
New electric vehicle (EV) battery plant to have annual production capacity of 40 gigawatt hours and is targeted to start by first quarter 2024
