LG Chem looks to China and e-bikes to counter its shrinking Li-ion market share

One of the world's leading battery makers, South Korea's LG Chem, is looking to new markets and new applications to offset its shrinking market share. The company has seen its key rivals Panasonic and NEC overtake it, thanks to their strong partnerships with Tesla and Nissan, respectively. NEC al...

This research is archived and therefore no longer available. For further assistance please contact your Customer Success Manager or email ClientEngagementTeam@luxresearchinc.com. Thank you!

Related Research

Li-ion manufacturing in 2024: Capacities and key players

Analyst Insight | May 20, 2021

Analyst's note (April 26, 2022): For our updated projection of global Li‑ion bell manufacturing capacity through 2026, view our insight "Li‑ion manufacturing in 2026: Capacities and key players." Despite a global pandemic, the past year saw Li‑ion battery manufacturing capacity continue to expand... Not part of subscription

Tesla transitions to LFP in its Megapacks

News Commentary | June 30, 2021

Though Tesla has consistently used nickel‑based cathodes in its products – NCA cathodes in its vehicles and NMC in its stationary storage products – the company announced it would begin using LFP‑type cathodes in its stationary storage line of products. The move was probably motivated by several ... To read more, click here.

Expiring LFP patents provide big opportunity for global battery producers

Analyst Insight | April 22, 2022

In the past couple of years, lithium iron phosphate (LFP) cathodes have made a reappearance in the Li‑ion battery industry for light‑duty EVs. The chemistry was previously dismissed as unsuitable for most mobility applications due to its low energy and power densities, lower voltage operation, and ... Not part of subscription