Specifically, for NCM battery testing, a 22-pound weight was dropped on both packs with and without LG Chem’s thermal fuse. All batteries without the thermal fuse caught fire, according to the ...

LG Chem is building a $3 billion battery cathode factory for EVs in Tennessee – and it just inked a multi-billion dollar deal with GM. LG Chem has secured a long-term cathode material supply ...

LG Chem has developed a temperature-sensitive safety layer in EV batteries to suppress thermal runaway. The material acts as a 'fuse' to blocks the flow of electricity in the early stages of ...

Two next-generation battery material and cell manufacturers are cooperating to expedite solid-state battery development. LG Chem and Factorial Energy have signed a Memorandum of Understanding ...

SEOUL, Nov 22 (Reuters) - South Korea's LG Chem Ltd (051910.KS), opens new tab said on Tuesday it will invest more than $3 billion to build a battery cathode factory in Tennessee, as it ramps up ...

LG Chem CEO Shin Hak-cheol said in a keynote speech at the BofA 2023 Korea & Global EV/EV Battery conference held at the Grand Hyatt Seoul on May 16, that LG Chem aims to grow its battery ...

Honda and LG Chem will build a $4.4 billion electric vehicle battery factory in the US, the latest move to shore up the country’s domestic production to comply with new tax credit rules.

South Korean-battery supplier LG Chem announced it has established a long-term cathode material supply contract with General Motors Co. that's worth $19 billion (KRW 25 trillion). Through the long ...

LG Chem Ltd. sees the battery industry growing as much as 25% this year, delivering strong returns even as global demand eases from previous highs, according to its chief executive officer.

LG Chem, known for manufacturing more expensive nickel-cobalt-manganese (NCM) cathodes, is entering the LFP cathode business to meet growing demand for cheaper LFP batteries as the auto industry ...

South Korean battery maker LG Chem—which supplies EV batteries to Tesla, Ford and many others—says it has a breakthrough solution to prevent such fires. Its battery researchers worked with a ...