LG Chem

LG Chem to Split Battery Business into new Enterprise

LG Chem will split its battery business to create a new enterprise that will focus solely on battery technology and related operations. LG Chem has announced that it will split its battery business from the rest of its operations to create a new enterprise that will focus solely on the battery technology and related operations. […]

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Both Growth and Evolution Hand in Hand in Lithium Storage

A report by energy analyst firm Wood Mackenzie’s has predicted a fourfold rise in global lithium-ion cell manufacturing capacity to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019. The firm has based this estimate on 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors worldwide. The main […]

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LG Chem Unveils Full Home Backup Solution With SolarEdge

LG Chem has announced that it has joined forces with SolarEdge to bring compatibility with the LG RESU10H (400V, 9.8 kWh) home battery. LG Chem, a leading manufacturer of advanced lithium-ion batteries, has announced that it has once again joined forces with SolarEdge Technologies, a global leader in smart energy, to bring compatibility with the […]

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Hyundai, Kia & LG Chem Looking to Invest in EV and EV Battery Startups

Hyundai, Kia and LG Chem are jointly sponsoring a global competition to identify up to 10 EV and battery startups for potential investment and collaboration With demand for EVs growing, Hyundai Motor Company, Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to […]

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Span Raises $10.2 Mn in Series A Round from Investors

With an aim to boost its expansion plan, California-based Span.IO, Inc. has announced the raising of USD 10.2 million in Series A round of funding from investors. Further, this Series A round was led by ArcTern Ventures and joined by Capricorn Investment Group, Incite Ventures, along with existing investors including Congruent Ventures, Energy Foundry, Hardware […]

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LG Chem & Span Energy Storage with Backup Power

Product Brief: LG Chem and Span have announced battery storage and intelligent home energy control system that enables customisable backup power, letting customers control which home loads remain powered on during outages. Product Features: The Span smart panel provides advanced, real-time controls for the home and the LG RESU home battery can provide essential backup […]

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LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors

LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […]

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Solis Hybrid Inverters and LG Chem Deliver Solar-Plus-Storage Solution for Homeowners

Ginlong Technologies (Stock Code: 300763.SZ), a global leader in photovoltaic string inverter manufacturing, announces that its Solis storage inverter is now compatible with LG home battery RESU. The Solis Residential Hybrid Inverter (RHI) now is fully compatible with LG RESU 48V line-ups  to provide stable, reliable home energy storage. With this partnership, Ginlong is offering […]

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GM and LG Chem to Mass Produce Battery Cells for Future EVs

GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […]

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