LG Chem showing signs of becoming the leader among lithium-ion battery suppliers to electric vehicles

In mid-December, LG Chem announced that it has won an order to exclusively supply Hyundai Motor with rechargeable lithium-ion polymer batteries for its regular hybrid-electric vehicle (HEV) slated for mass production in 2009. Hyundai also announced several months earlier that its plug-in hybrid (PHE...

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

Romeo Power signs long-term battery supply agreement with PACCAR for BEVs

News Commentary | April 12, 2021

Romeo Power announced a long‑term supply agreement with PACCAR to provide battery packs, modules, and battery management systems (BMS) for PACCAR's battery electric vehicles (BEVs). Under the agreement, Romeo Power will be a battery supplier for Peterbilt 579 and 520 BEVs in the U.S. and Canada ... Not part of subscription

GM and LG Energy Solution to invest $2.3 billion in second Ultium Cells manufacturing plant in U.S.

News Commentary | May 03, 2021

General Motors and LG Energy Solution announced a $2.3 billion investment to build their second battery cell manufacturing plant in the U.S. The investment will help Ultium Cells, a joint venture of LG Energy Solution and General Motors, increase the production of large‑format, pouch‑style cells ... Not part of subscription

Stellantis' $35.5 billion investment aims to expand its EV portfolio

News Commentary | August 17, 2021

Stellantis – formed in 2021 by a merger between Fiat Chrysler and the PSA Group – plans to develop BEVs across four manufacturing platforms: compact, midsized sedans, SUVs, and pickup trucks; it also plans to operate five battery factories and develop solid‑state batteries by 2026. The sizable ... Not part of subscription