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LG Chem, GM Sign $19 Billion Deal on Cathode Materials

South Korea’s LG Chem has signed a $19 billion deal with General Motors to supply cathode materials used to make electric-vehicle batteries. South Korea’s LG Chem has signed a $19 billion deal with General Motors to supply cathode materials used to make electric-vehicle batteries. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks…

Cathode innovation makes sodium-ion battery an attractive option for electric vehicles

Argonne Distinguished Fellow Christopher Johnson in lab working on advanced batteries for electric vehicle and other applications. Credit: Argonne National Laboratory New cathode material for sodium-ion batteries is inspired by earlier work at Argonne that led to the lithium-ion batteries in the Chevy Volt and Bolt. It could help the supply of low-cost and abundant elements for electric vehicle batteries.…

LG Chem is building a $3B EV battery cathode factory – the largest in the US [update]

LG Chem is building a $3 billion battery cathode factory for electric vehicles in Tennessee – here’s the latest. December 27: The groundbreaking ceremony took place last week for LG Chem’s battery cathode factory. Some of the company’s original plans have changed since I last reported on this announcement. The factory was initially supposed to break ground in Q1 2023 and start mass production in the second half of 2025. So, the groundbreaking is nearly a year late, and the production launch…

EcoPro starts on Hungary cathode plant

<!----> South Korean battery components producer EcoPro has begun construction of a new cathode materials plant in Hungary, as it eyes Europe’s fast growing electric (EV) industry and markets. The company is spending KRW380bn (US$285m) to build a factory near Debrecen, 230km (140 miles)…

New Posco cathode plant to supply Samsung SDI

<!----> Posco Chemical’s Gwangyang plant South Korea’s Posco Future M, formerly known as Posco Chemical Company, announced plans to build its first plant dedicated solely to the production of nickel, cobalt and aluminium (NCA) cathode materials for electric vehicle (EV) batteries, in Pohang in the…

L&F wins Tesla cathode order

<!----> South Korea’s L&F Company said it had won a contract to supply Tesla and its affiliates with US$2.9bn worth of cathode materials for electric vehicle (EV) batteries. L&F said it agreed to supply high nickel cathode materials over two years, starting in January 2024,…

LG Chem is going to build a $3B EV battery cathode factory – the largest in the US

LG Chem today announced that it has signed a memorandum of understanding with the state of Tennessee to build a $3 billion cathode factory for electric vehicles. The new plant, which will be sited in Clarksville, will be the largest of its kind in the US. It will sit on 420 acres and is expected to produce 120,000 tons of cathode material annually by 2027. That’s enough to power batteries in 1.2 million EVs with a range of 310 miles per charge. LG Chem said it chose Tennessee because of its…

LG to build cathode plant in Tennessee

Rendering shows how complete plant will look LG Chem said it had signed a memorandum of understanding (MOU) with Tennessee to build a new factory for electric vehicle (EV) battery cathodes in Clarksville, to supply fast growing demand for EVs in the region. The LG Group chemicals unit planned to invest US$3.2bn in what it expected to be the largest facility its kind in the US, covering 420 acres and with a…