LG Chem has begun to mass produce batteries for Tesla’s Model 3 electric vehicles from its Nanjing plant in China, according to industry sources Sept. 18.The US-based EV maker will be using LG Chem’ 21700 type batteries using NCM811 that boast a nickel proportion of 80% or more. The LG company previ

The top executives of LG Chem and SK Innovation were unable to strike a truce on the legal feud over electric vehicle batteries during a meeting on Sept. 16 that was hurriedly arranged on government urging.“LG Chem Vice Chairman Shin Hak-cheol met with SK Innovation CEO Kim Jun, but there were no re

South Korea’s presidential office of Cheong Wa Dae has summoned the top executives of LG Chem and SK Innovation in an attempt to intervene in the fierce legal battle over electric vehicle battery patents between the two conglomerates.The meeting reportedly happened just before the Chuseok holidays t

LG Chem has issued a statement saying it is not in any way undermining South Korea’s interests with its ongoing legal battle with fellow electric vehicle battery maker SK Innovation.The official remarks come after SK Innovation issued a statement of its own saying that LG Chem’s stubborn attitude to

Samsung SDI invested additional funds to ramp up the capacity of its electric vehicle battery plant in China’s Xian to snap up a bigger market share in the world’s No.2 economy, according to Chinese officials on Sept. 10.“The investment was completed last year, and mass production has already begun,

The South Korean government has indicated that it might intervene in the legal dispute between LG Chem and SK Innovation over electric car battery patents, saying it was “inappropriate” for local companies to file suits against each other in foreign courts, according to industry sources on Sept. 9.M

Samsung is finally unveiling the Galaxy Fold five months after its original launch date in April this year on account of durability issues.“After mounting various hurdles, we have finally unveiled a brand new mobile category with the Galaxy Fold,” said Koh Dong-jin, head of Samsung Electronics IM di

South Korean battery maker Samsung SDI will supply batteries for next generation electric vehicles manufactured by Audi, according to industry sources on Sept. 4.This marks the first time the Samsung unit provided batteries for an EV, and the second in terms of Volkswagen Group, which sells cars und

South Korea’s Misumsystech is providing battery backs and battery management systems (BMS) for the electric version of Thailand’s three-wheel rickshaws Tuk Tuk, as a part of bilateral collaboration in fourth industrial revolution industries, the manufacturer said on Sept. 2.The move comes after the

The chief executive of South Korea’s top battery maker LG Chem recently said that despite the subpar quality of locally-made battery pouch film, the firm will try to replace some of its Japanese suppliers with local manufacturers.“It’s true that we have been relying on Japanese suppliers such as DNP

South Korea’s Samsung SDI and LG Chemical is looking to produce more cylindrical batteries to prepare to supply to high-end electric vehicles such as the Tesla Model 3.According to market research firm SNE Research on Aug. 26, the global cyclical battery market reached 125GWh this year, up from the

POSCO, South Korea’s largest steelmaker, said on Aug. 22 that it has held a ceremony to mark the completion of its first overseas plant for producing the battery material, cathode, in China. The plant was created as a joint venture with China’s Huayou Cobalt, and was built a year after it began cons

SK Innovation plans to commercialize a technology enabling the retrieval of lithium hydroxide from used batteries of electric vehicles, the company said on Aug. 20.Lithium hydroxide is retrieved from the cathode material of used batteries. Until now, only materials such as nickel, cobalt and mangane

South Korea’s SK Innovation will soon be producing battery modules using the welding technology provided by local supplier Toptec, according to industry sources on Aug. 16.On July 26, Toptec said it was to supplying laser-based welding technology and equipment to SK Battery America, the US battery c

Samsung SDI is looking to reduce its reliance on Japanese suppliers of lithium ion battery separators (LiBS) to prep for more restrictions by Japan against exports to South Korea, according to industry watchers on Aug. 14. During this process, SDI also hopes to cut costs and improve battery quality,

South Korean battery suppliers are joining the race to land orders for SK Innovation’s electric vehicle (EV) battery-making plant to be built in Jackson Country of Georgia in the US that broke ground in March this year.The factory is scheduled to churn out an annual 9.8GWh worth of batteries, with m

China’s Amperex Technology Limited (ATL) has signed on to supply batteries for Samsung Electronics’ new wearable device, the Galaxy Watch Active 2.This is the third Samsung installment for ATL since the Gear S3 in 2016, the Gear Sports in 2017 and the Galaxy Watch in 2018. The Galaxy Watch Active la

South Korea’s SK Innovation will be investing 16% more in terms of capital expenditure (CAPEX) than planned by spending up to 3.5 trillion won ($2.9 billion), the company said on July 26 in a conference call announcing its second quarter earnings.In the first quarter, the company had put the expense

South Korea's LG Chem expects to break even in its electric car battery business despite posting a deficit on two consecutive quarters. It also anticipates its annual sales to reach 5 trillion won ($4.2 billion).LG Chem said on July 24 that its EV battery business in the second quarter hit an accumu

Samsung Electronics said on July 18 that at the end of this month, it will begin mass producing its 12Gb Low Power Double Data Rate 5 (LPDDR5) mobile DRAM running on record-high speed and offering the largest capacity ever.The DRAM package will be loaded with a total of eight second-generation 10nm(