Tag: LG

Report: LG in Talks to Produce Tesla-Designed Battery Cells

Tesla may partner with LG to produce its homegrown 4680 large-format cylindrical battery cells, according to a report from Reuters.  “Tesla has not yet agreed to a deal that would expand LG’s role in its supply chain beyond China,” the report said. Tesla’s 4680 battery cells were developed to reduce production costs, improve battery performance and… Continue reading Report: LG in Talks to Produce Tesla-Designed Battery Cells

GM and LG to Partner on Battery Factory

Cadillac furthered its recent product blitz today with the reveal of the brand’s first EV. This will be the first model derived from GM’s future EV platform. GM announced on Friday that Cadillac will be at the vanguard of the company’s move towards an all-electric future.

General Motors and LG Chem announced today a partnership to mass-produce battery cells for future battery-electric vehicles. The companies intend to invest up to $2.3 billion through a new, equally owned joint venture company, which will establish a battery cell assembly plant in the Lordstown area of Northeast Ohio. The plant is expected to create… Continue reading GM and LG to Partner on Battery Factory