Items Tagged with 'LG Energy'

WINDSOR, Ontario—NextStar Energy has opened a 4.23 million-square-foot battery manufacturing facility in Windsor, marking a major expansion of electric vehicle supply chain capacity in North America.

AUBURN HILLS, Mich. — Stellantis is likely to record its first annual loss since its creation in 2021, following an unexpectedly large write-down of $26 billion linked to what it described as an overly ambitious electrification strategy.

SPRING HILL, TN— The upgrade builds on a $2.3 billion investment announced in 2021 and reflects GM’s broader strategy to lower EV costs while expanding battery options for consumers. LFP cells offer a more affordable alternative to nickel-based batteries and are becoming increasingly popular among U.S. automakers.

DETROIT—General Motors and LG Energy Solution are developing lithium manganese-rich prismatic battery cells for use in next-generation electric vehicles.

WARREN, OH—Ultium Cells LLC recently celebrated the 100 millionth battery cell produced at its two-year-old facility here.

DETROIT—General Motors is selling its stake in a nearly completed battery cell plant in Lansing, MI, to its joint-venture partner, LG Energy Solution Michigan Inc.

PLANO, TX—LG Energy Solution and Toyota Motor North America Inc. have signed a long-term supply agreement.

HOLLAND, MI—LG Energy Solution has announced that it is investing $1.7 billion at its plant here to increase production of lithium-ion polymer battery cells and packs for EVs by fivefold. The expansion will create more than 1,200 new jobs.