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LG Energy Solution Said to Supply Batteries For Mahindra’s First Electric SUV Â
LG Energy Solution, the South Korean battery maker that was split off from LG Chem in 2018, is said to be the battery supplier for Mahindra’s first electric sport utility vehicle (SUV). Mahindra’s upcoming XUV400 SUVs will be powered by the company's batteries, and the cars are expected to be delivered within the fourth quarter and January. Mah...
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LG Energy Solutions Becomes South Korea's 2nd Most Valuable Company
LG Energy Solutions is controlled by LG Chem, a wholly-owned subsidiary of the LG electronics conglomerate
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LG Energy Solution, GM To Build $2.1 Billion Battery Factory In U.S.
LGES and GM are expected to fund the project equally via Ultium Cells, their U.S.-based battery joint venture.
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LG Energy Solution Raises $10.8 Billion In South Korea's Biggest IPO
The pricing values LGES at 70.2 trillion won, making it South Korea's third most-valuable company after Samsung Electronics Co Ltd and SK Hynix Inc.
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LG Energy Solution Raises $10.8 Billion in South Korea's Biggest IPO
South Korean battery maker LG Energy Solution (LGES) raised $10.8 billion (roughly Rs. 80,045 crore) in its initial public offering (IPO), attracting record demand for a deal in South Korea, the company said on Friday.
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LG Energy Solutions On Track To Overtake CATL With LFP Batteries Incoming
LGES believed because its clientele was not as China dense, it had better growth opportunities versus CATL
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LG Energy Solution Gets Preliminary Approval For IPO
In October, the wholly owned subsidiary of LG Chem Ltd resumed work on its IPO, which was suspended in August due to a lack of clarity regarding the recall costs involving GM's Bolt electric vehicles.
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LG Elec Cuts Q2 Operating Profit By 21% After GM Bolt EV Recall
LG Chem said in July during its second-quarter earnings call that the fires could be related to two defects which occurred during the battery module manufacturing process.
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Hyundai, GM EV Battery Fires Linked to Cells Manufactured at LG Plants
Hyundai and GM have linked their EV battery fires to LG plants in Asia, as per documents filed with the US safety regulator.
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LG Energy Solutions Shares Down After GM's Expanded Recalls
LG Energy Solution was planning an IPO between September and October but that will almost certainly be delayed.
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Stellantis To Use SVOLT Batteries From 2025
SVOLT has already announced its intention to make cobalt-free Nix lithium-ion battery cells with an energy density of 240-245 wh/kg.
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LG Chem, LGES pledge $13 billion in battery investment by 2030
LG Chem Ltd and its wholly-owned battery subsidiary LG Energy Solution (LGES) plan to invest a combined 15.1 trillion won ($13.17 billion) in South Korea this decade, LGES said on Thursday.
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SK Innovation May List Battery Business, Echoing Rival LG Chem
The move, announced by SK Innovation CEO Kim Jun on Thursday, comes as demand for electric vehicles (EVs) surges and carmakers partner with battery makers to ensure uninterrupted supplies.
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LG, SK Reach $1.8-Billion Settlement to End Spat Over Electric Vehicle Battery Technology
Shares of South Korea's SK Innovation and LG Chem jumped after the battery makers agreed on a KRW 2-trillion (roughly $1.8 billion/ Rs. 13,330 crore) dispute settlement over EV battery technology, that analysts said freed them up to stay on top of battery developments from clients like Volkswagen.
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South Korean Battery Makers Agree Last-Minute Deal In Boost To Biden's EV Policy
The Biden administration through the U.S. Trade Representative's Office (USTR) faced a Sunday night deadline on whether to take the rare step of reversing a U.S. International Trade Commission decision unless the companies had agreed a deal.
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LG Energy Solution Said to Supply Batteries For Mahindra’s First Electric SUV Â
LG Energy Solution, the South Korean battery maker that was split off from LG Chem in 2018, is said to be the battery supplier for Mahindra’s first electric sport utility vehicle (SUV). Mahindra’s upcoming XUV400 SUVs will be powered by the company's batteries, and the cars are expected to be delivered within the fourth quarter and January. Mah...
-
LG Energy Solutions Becomes South Korea's 2nd Most Valuable Company
LG Energy Solutions is controlled by LG Chem, a wholly-owned subsidiary of the LG electronics conglomerate
-
LG Energy Solution, GM To Build $2.1 Billion Battery Factory In U.S.
LGES and GM are expected to fund the project equally via Ultium Cells, their U.S.-based battery joint venture.
-
LG Energy Solution Raises $10.8 Billion In South Korea's Biggest IPO
The pricing values LGES at 70.2 trillion won, making it South Korea's third most-valuable company after Samsung Electronics Co Ltd and SK Hynix Inc.
-
LG Energy Solution Raises $10.8 Billion in South Korea's Biggest IPO
South Korean battery maker LG Energy Solution (LGES) raised $10.8 billion (roughly Rs. 80,045 crore) in its initial public offering (IPO), attracting record demand for a deal in South Korea, the company said on Friday.
-
LG Energy Solutions On Track To Overtake CATL With LFP Batteries Incoming
LGES believed because its clientele was not as China dense, it had better growth opportunities versus CATL
-
LG Energy Solution Gets Preliminary Approval For IPO
In October, the wholly owned subsidiary of LG Chem Ltd resumed work on its IPO, which was suspended in August due to a lack of clarity regarding the recall costs involving GM's Bolt electric vehicles.
-
LG Elec Cuts Q2 Operating Profit By 21% After GM Bolt EV Recall
LG Chem said in July during its second-quarter earnings call that the fires could be related to two defects which occurred during the battery module manufacturing process.
-
Hyundai, GM EV Battery Fires Linked to Cells Manufactured at LG Plants
Hyundai and GM have linked their EV battery fires to LG plants in Asia, as per documents filed with the US safety regulator.
-
LG Energy Solutions Shares Down After GM's Expanded Recalls
LG Energy Solution was planning an IPO between September and October but that will almost certainly be delayed.
-
Stellantis To Use SVOLT Batteries From 2025
SVOLT has already announced its intention to make cobalt-free Nix lithium-ion battery cells with an energy density of 240-245 wh/kg.
-
LG Chem, LGES pledge $13 billion in battery investment by 2030
LG Chem Ltd and its wholly-owned battery subsidiary LG Energy Solution (LGES) plan to invest a combined 15.1 trillion won ($13.17 billion) in South Korea this decade, LGES said on Thursday.
-
SK Innovation May List Battery Business, Echoing Rival LG Chem
The move, announced by SK Innovation CEO Kim Jun on Thursday, comes as demand for electric vehicles (EVs) surges and carmakers partner with battery makers to ensure uninterrupted supplies.
-
LG, SK Reach $1.8-Billion Settlement to End Spat Over Electric Vehicle Battery Technology
Shares of South Korea's SK Innovation and LG Chem jumped after the battery makers agreed on a KRW 2-trillion (roughly $1.8 billion/ Rs. 13,330 crore) dispute settlement over EV battery technology, that analysts said freed them up to stay on top of battery developments from clients like Volkswagen.
-
South Korean Battery Makers Agree Last-Minute Deal In Boost To Biden's EV Policy
The Biden administration through the U.S. Trade Representative's Office (USTR) faced a Sunday night deadline on whether to take the rare step of reversing a U.S. International Trade Commission decision unless the companies had agreed a deal.
