General Motors said on Friday that it will voluntarily recall an additional 73,000 units of Chevrolet Bolt EVs.It is the US car giant’s third recall involving the model.The latest recall it expected to cost General Motors US$1 billion.LG is the supplier of batteries for the model. Last year in Novem

Hanwha Corporation has won another order for battery production equipment from Samsung SDI, TheElec has learned.The company will supply electrode equipment for the South Korean battery maker’s factory at Xi’an, China.It is Hanwha’s second deal with Samsung SDI to supply battery production equipment.

Elentec said on Thursday that it will supply battery packs for LG Electronics’ energy storage systems (ESS) launching next year,The company will be an original development manufacturer (ODM) for the packs used by LG’s ESS launching for the home next year.The deal is Elentec’s second ODM deal after i

LG Energy Solution was the top battery supplier of batteries for battery electric vehicle and plug-in hybrid electric vehicles in the first half of 2021, according to market research firm EV Volumes.The South Korean company supplied 30.8GWh of batteries with a market share of 27% during the time per

Hansol Chemical will spend 85 billion won to build a new battery silicon anode factory.The company said the new factory will begin operations in 2022 and produce the anodes that has triple the energy density to conventional anodes.The new factory will be built a Iksan’s industrial zone. Hansol had b

DSK said on Monday that it has clinched a battery production equipment contract worth 16.5 billion won with LG Energy Solution.DSK didn’t mention what kinds of equipment it will be supplying to the South Korean battery maker but they are likely lamination kits, people familiar with the matter said.T

Battery equipment maker Youil Energy Tech said on Monday that it is expanding its equipment line-up to include battery module and pack.The firm previously focused mostly on notching and stacking equipment.Youil Energy Tech said it also plans to win new customers besides SK Innovation.The company, fo

South Korean battery maker Samsung SDI has won an order from Germany’s Volkswagen to contract manufacture its electric vehicle batteries, TheElec has learned.Samsung SDI to will be handling some portion of the production of Unified Prismatic Cell, Volkswagen’s self-designed batteries, people familia

Samsung SDI was considering procuring silicon anode preferably from MK Electron and Dongjin Semichem, TheElec has learned.The silicon anode was previously supplied soley by China’s BTR.South Korea’s Hansol Chemical has build a factory in South Korea for a potential supply deal with Samsung SDI, but

High-end automobile brand Mercedes-Benz will only manufacture electric vehicles starting in 2030, the company said on Thursday.The brand, part of Daimler Group, will stop investing in combustible engine cars after 2025.Mercedes-Benz will spend 40 billion euros for the plan. It will also construct ei

Engineers of electric truck startup Rivian has visited South Korea to meet with their partners based in the country, TheElec has learned on Thursday.They aren’t planning to meet those at LG Energy Solution, SK Innovation and Samsung SDI, the three South Korean battery makers.Rather, they are visitin

LG Energy Solution will procure lithium from Australia’s Vulcan Energy.The five year contract can be extended by another five years. The contract will be signed in November.Vulcan Energy will supply 5,000 metric tonnes of lithium hydroxide in 2024. Afterwards, it will supply 10,000 metric tonnes of

Battery cathode maker EcoPro BM is in talks to supply high-nickel cathode to SK Innovation, TheElec has learned.EcoPro BM will be supplying NCM9½½ (nickel, cobalt and manganese in 9 to 0.5 to 0.5 ratio) cathode.The contract will likely be worth 4 trillion won for four years of supply, people familia

The chief of Prime Planet Energy & Solutions, the battery joint venture of Toyota and Panasonic, said the company plans to reduce to cost of electric car batteries by half starting in 2022.Prime Plant president Hiroaki Koda told Bloomberg that the company’s aim is reduce cost further by 70% by 2025.

Cosmo AM&T will expand its NCM (nickel, cobalt and manganese) cathode production by 50,000 metric tonnes, the company said on Monday.It will spend 150 billion won for the expansion, which will be completed by 2023.In total, Cosmo AM&T will have an annual production capacity of 70,000 metric tonnes p

SK Materials, an affiliate of South Korean energy firm SK Innovation, will form a joint venture with US battery material startup Group14 Technologies.The South Korean company will spend around 70 billion won for a substantial stake in the venture, people familiar with the matter said on Monday.The j

Ford will “definitely” continue to collaborate with SK Innovation even after it begins making its own batteries, a company executive said.Darren Palmer, general manager of Ford’s battery electric vehicles division, said at Chicago Auto Show 2021 that the US autogiant will definitely continue its col

South Korean battery equipment maker TSI will be supplying its equipment to Automotive Cell Company (ACC), a joint venture of Stellantis, TheElec has learned.ACC’s battery factory is planned to be built at Nersac in the southern region of France. The equipment will be installed there.Stellantis, whi

LG Chem vice chairman Shin Hak-cheol confirmed on Wednesday that the company was preparing to form a joint venture to procure a metal used as a precursor for cathode with a mining firm.Shin said at a press conference in Seoul that the company plans to collaborate with the mining firm, which as techn

LG Chem is planning to form a joint venture with Korea Zinc that will produce precursors for battery cathodes, TheElec has learned.LG Group chairman Koo Kwang-mo recently med with Korea Zinc vice chairman Choi Yun-birm to arrange for their collaboration, sources said.The joint venture will be formed