Battery maker LG Chem plans to triple production of cylindrical cells used primarily by Tesla, and is developing an improved version of that cell format, Reuters reported Wednesday. LG Chem, which also supplies cells to General Motors, Hyundai, Lucid Motors, and the Volkswagen Group, said it planned to increase production in response to rising... Report: LG Chem to triple cylindrical-cell production for EVs, plans “new form factor” cells
Battery maker LG Chem plans to triple production of cylindrical cells used primarily by Tesla, and is developing an improved version of that cell format, Reuters reported Wednesday. LG Chem, which also supplies cells to General Motors, Hyundai, Lucid Motors, and the Volkswagen Group, said it planned to increase production in response to rising... 
Foxconn—the Taiwanese company best known for contract manufacturing of the Apple iPhone—announced Friday that it had developed an open platform for electric cars. The company also said it would commercialize solid-state battery technology by 2024. Dubbed MIH, the platform is billed by Foxconn as "the Android system of the EV industry,"... 
Slovakia-based battery startup InoBat Auto announced Friday that it will introduce an electric-car battery with greater energy density than anything else currently on the market. The battery will allow for a 20% boost in range for "current best-in-class" electric vehicles by 2023, the startup said in a press release. InoBat plans to produce its... 
Tesla has close ties to Panasonic, but the automaker might buy a stake in a spinoff of a rival battery firm, according to a new report. Tesla is looking to acquire a significant piece of LG Energy Solution, soon to be spun off from LG Chem, to procure a stable battery supply, The Korea Times reported Monday. A major automotive battery supplier, LG... 
After years of discussion and millions of dollars invested by automakers, Mercedes-Benz will put solid-state batteries into a production vehicle. However, that vehicle is not a car, but a bus. Mercedes announced Friday that its eCitaro and articulated eCitaro G buses will be available with optional solid-state batteries, alongside traditional... 
Korean firm SK Innovation estimates that a pair of factories on a common site in Commerce, Georgia, will build batteries for 300,000 electric cars annually once full capacity is reached. On Monday the company announced the first hires for the Georgia site, saying it planned to create 1,000 jobs by 2021 and over 2,600 jobs by 2024. The two stages... 
Ahead of Tesla’s Battery Day event, to be held Tuesday, September 22, CEO Elon Musk Monday explained via Twitter that while it plans to increase battery cell purchases from Panasonic, LG, CATL, and perhaps other partners, it still anticipates battery shortages starting in 2022 “unless we also take action ourselves.” At the event... 
General Motors is exploring the use of its Ultium modular battery system in electric air taxis, Reuters reported Tuesday. The report, based on information from two people familiar with the matter, follows GM CEO Mary Barra's brief reference to air taxis at a conference Monday. "The strength and flexibility of our Ultium battery system opens... 
Hyundai and South Korean battery manufacturer SK Innovation are teaming up on EV battery leasing—or at least the need for it. The two companies hope to develop an "ecosystem" that includes reuse of battery packs for stationary energy storage, as well as recycling, Hyundai said in a press release Tuesday. This "battery as a service" model... 
QuantumScape, the decade-old solid-state battery startup backed by Volkswagen, is going public. This will be accomplished through a reverse merger with Kensington Capital Acquisition Corp., with an enterprise value of approximately $3.3 billion, the startup said in a press release Thursday. Kensington is a special-purpose acquisition...