LG Chem

Samsung, a smartphone giant, readies belated push into auto technology

11:14 am U.S. ET | Oct. 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....
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GM, LG form broad partnership for Bolt EV

3:43 pm U.S. ET | Oct. 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....
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LG Chem CEO Prabhakar Patil to retire

4:20 pm U.S. ET | Sept. 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....
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Audi develops 500km-range battery for electric SUVs

Aug. 13, 2015 16:59 CET

Audi said it will develop batteries for electrically powered SUVs that can run more than 500km per charge. Audi said it will get cell modules for the batteries from LG Chem and Samsung SDI....
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Nissan likely to purchase LG batteries, report says

10:19 am U.S. ET | July 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....
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LG Chem exec: Tesla's gigafactory to cut EV costs

12:01 am U.S. ET | March 30, 2015

Tesla Motors' "gigafactory," a huge battery plant under construction in Nevada, could help suppliers of lithium ion batteries for autos finally turn a profit, says Prabhakar Patil, CEO of LG Chem Power Inc....
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New generation of cheaper batteries adds power to hybrids, cut fuel use

12:01 am U.S. ET | March 25, 2015

A new generation of hybrid cars that combine electric and gas power in new ways are emerging as a low-cost alternative for automakers and consumers as batteries get cheaper and more efficient. The new microhybrid systems are coming on line just as automakers face a U.S. goal of 54.5 miles per gallon on average by 2025....
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