The deal will run from 2027 when Vianode launches production at a plant in North America, through to 2033.
By Nick Carey15 Jan 2025ReutersEXCELSIOR, Minn.--(BUSINESS WIRE)--Excelsior Energy Capital Finalizes Multiyear 7.5 GWh Agreement with LG Energy Solution Vertech...Read the full news release here
Distributed by Business Wire19 Dec 2024The U.S. Energy Department finalized a $9.63 billion loan for Ford and SK On to build three battery plants in Kentucky and Tennessee.
By David Shepardson16 Dec 2024ReutersCATL has extended its leadership in EV batteries with a global market share of 36.8% in the first 10 months of the year.
By Reuters13 Dec 2024ReutersGlobal lithium oversupply persists as Chinese-backed mines defy weak prices, sustaining EV battery production but hurting profits.
By Eric Onstad10 Dec 2024ReutersGM to sell Lansing battery plant stake to LG, trims EV plans amid slow market growth and shifts in production strategy.
By David Shepardson2 Dec 2024ReutersLG Energy Solution’s Arizona unit has signed a five-year, 67 GWh battery supply deal with Rivian, powering its R2 EVs.
By Reuters7 Nov 2024ReutersThe company also expects the result of the U.S. election next week to have a significant impact on EV market direction, its CFO...
By Heekyong Yang and Ju-Min Park28 Oct 2024ReutersIndonesia hosts the world's largest nickel reserves — now, the country is looking to capitalize on them and kick start its battery industry.
By Marchio Gorbiano26 Oct 2024Agence France-PresseSouth Korea's LG Energy Solution said on Tuesday that it has signed two contracts to supply electric vehicle batteries to the Ford Motor...
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