LG Chem denies report of a $6.2 billion battery deal with VWJune 13
First Shift: Ford idling production of F-150Oct. 18, 2016
LG Chem expects GM to sell over 30,000 Bolts next yearOct. 18, 2016
VW weighs battery pacts with Panasonic, LG Chem, report saysJuly 8, 2016
VW may partner with EV battery specialists such as LG Chem or Panasonic as it overhauls its strategy to emerge from diesel emissions violations, Bloomberg reported, citing people familiar with the matter. VW's supervisory board has discussed investing around $1.89 billion per battery factory at several sites around the world, said the people, who asked not to be identified because the talks are confidential.
LG Chem quietly surges in battery raceDec. 14, 2015
After a rocky start, LG Chem's lithium ion battery plant in Michigan is ramping up and could turn out to be a leading supplier of power packs for electric vehicles, possibly topping even the high-profile factory Tesla is building in Nevada.
Samsung, a smartphone giant, readies belated push into auto technologyOct. 30, 2015
Samsung Electronics, the world's top smartphone maker, and its group companies are making a belated push into the business of supplying technology to carmakers, while rivals are already lining up lucrative deals with an industry that is notoriously difficult to enter.
GM, LG form broad partnership for Bolt EVOct. 20, 2015
General Motors has forged a broad partnership with LG for the development of the Chevrolet Bolt electric vehicle, sourcing everything from battery cells and electric motors to the infotainment system from the Korean company.
LG Chem CEO Prabhakar Patil to retireSept. 29, 2015
Prabhakar Patil will retire as CEO of LG Chem Power, effective Wednesday, the battery maker said today. He will be succeeded by Denise Gray, who helped develop the Chevrolet Volt's lithium ion battery system, starting Thursday.
Audi developing 311-mile batteryAug. 13, 2015
Nissan likely to purchase LG batteries, report saysJuly 17, 2015
Nissan may follow alliance partner Renault by purchasing batteries for its future electric cars instead of exclusively building its own, CEO Carlos Ghosn said in a Wall Street Journal interview published today.