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Why LG Chem Leads In Electric-Car Batteries: Materials Science, It Says

The top three battery makers for electric cars today are Panasonic, AESC, and LG Chem.

But while Panasonic sells largely to Tesla, and AESC is a joint venture half-owned by Nissan, LG sells its cells to more carmakers than any other battery company.

And the secret to that success is LG’s expertise in chemicals and materials science, according to Prabhakar Patil, CEO of the LG C More

The top three battery makers for electric cars today are Panasonic, AESC, and LG Chem.

But while Panasonic sells largely to Tesla, and AESC is a joint venture half-owned by Nissan, LG sells its cells to more carmakers than any other battery company.

And the secret to that success is LG’s expertise in chemicals and materials science, according to Prabhakar Patil, CEO of the LG C More

[…]

LG Chem says wins battery order from Audi for plug-in hybrid cars

(Reuters) – South Korea’s LG Chem (051910.KS) said on Wednesday it had won an order from Audi (VOWG_p.DE) to supply batteries for its plug-in hybrid and micro hybrid electric vehicles.

LG Chem said the deal was “worth hundreds of millions of dollars” but declined to give further details. It said it expected to win more such orders from Audi parent Volkswagen AG (VOW More

(Reuters) – South Korea’s LG Chem (051910.KS) said on Wednesday it had won an order from Audi (VOWG_p.DE) to supply batteries for its plug-in hybrid and micro hybrid electric vehicles.

LG Chem said the deal was “worth hundreds of millions of dollars” but declined to give further details. It said it expected to win more such orders from Audi parent Volkswagen AG (VOW More

[…]

LG Chem Working on Battery to Rival Tesla’s Range

As Tesla Preps Cheaper Model 3, Korean Firm Developing Battery for 200 Mile-Range Electric Vehicle That Costs $35,000

The electric-car era may hit in 2017 when at least two battery-powered cars that can attain 200 miles of driving range and cost less than $40,000 enter the market.

In addition to Tesla Motors Inc.’s forthcoming Model 3, a leading battery maker says it is prepari More

As Tesla Preps Cheaper Model 3, Korean Firm Developing Battery for 200 Mile-Range Electric Vehicle That Costs $35,000

The electric-car era may hit in 2017 when at least two battery-powered cars that can attain 200 miles of driving range and cost less than $40,000 enter the market.

In addition to Tesla Motors Inc.’s forthcoming Model 3, a leading battery maker says it is prepari More

[…]

LG Chem to supply electric car batteries to SAIC, Qoros

(Reuters) – South Korea’s LG Chem Ltd said it has secured orders to supply electric vehicle (EV) batteries to China’s SAIC Motor Corp and Qoros, betting on the world’s biggest car market to revive the sluggish growth of EVs globally.

LG Chem did not disclose details of the deals, but said the contracts would increase the total number of its Chinese customers to four More

(Reuters) – South Korea’s LG Chem Ltd said it has secured orders to supply electric vehicle (EV) batteries to China’s SAIC Motor Corp and Qoros, betting on the world’s biggest car market to revive the sluggish growth of EVs globally.

LG Chem did not disclose details of the deals, but said the contracts would increase the total number of its Chinese customers to four More

[…]

Renault inks battery deal with S. Korea’s LG Chem

French auto giant Renault has signed an agreement with South Korean chemical firm LG Chem to jointly develop batteries for its electric cars, company officials said Wednesday.

A memorandum of understanding was signed in Seoul on Tuesday by Thierry Bollore, Renault’s chief competitive officer, and LG Chem president Kwon Young-Soo, an LG spokesman told AFP.

“LG will develop More

French auto giant Renault has signed an agreement with South Korean chemical firm LG Chem to jointly develop batteries for its electric cars, company officials said Wednesday.

A memorandum of understanding was signed in Seoul on Tuesday by Thierry Bollore, Renault’s chief competitive officer, and LG Chem president Kwon Young-Soo, an LG spokesman told AFP.

“LG will develop More

[…]

LG Chem CEO says mulls electric car battery plant in China

SEOUL (Reuters) – Chief executive of LG Chem said that the South Korean company was considering building an electric vehicle battery plant in China, expecting Beijing’s efforts to tackle air pollution to drive demand.

Park Jin-soo also said LG Chem, which currently supplies electric-car batteries for General Motors Co’s Volt and Renault cars, will double the number of its More

SEOUL (Reuters) – Chief executive of LG Chem said that the South Korean company was considering building an electric vehicle battery plant in China, expecting Beijing’s efforts to tackle air pollution to drive demand.

Park Jin-soo also said LG Chem, which currently supplies electric-car batteries for General Motors Co’s Volt and Renault cars, will double the number of its More

[…]

LG Chem to repay $1.2 million in stimulus funds: Idled Holland workers watched movies, played games

GRAND RAPIDS, MI – LG Chem Michigan, Inc. will pay the U.S. $1.231 million to resolve allegations that the company used federal funds to pay workers for recreational and volunteer activities.

U.S. Attorney Patrick Miles Jr. announced the settlement on Tuesday, Nov. 5

The money is in addition to $842,189 that LGCMI refunded to the U.S. Department of Energy early this year on the sam More

GRAND RAPIDS, MI – LG Chem Michigan, Inc. will pay the U.S. $1.231 million to resolve allegations that the company used federal funds to pay workers for recreational and volunteer activities.

U.S. Attorney Patrick Miles Jr. announced the settlement on Tuesday, Nov. 5

The money is in addition to $842,189 that LGCMI refunded to the U.S. Department of Energy early this year on the sam More

[…]

Renault and LG Chem to Cooperate on 250-Mile Electric Vehicle (Update)

Okay, maybe 250 MPH miles is a bit of a stretch, but how does 248.548 MPH miles sound?

*Forget the speed references throughout. This is a miles-of-range target set by Renault and LG Chem. See update below.
LG Chem Lithium-Ion Polymer Battery Cells

LG Chem Lithium-Ion Polymer Battery Cells

That’s the target set forth by Renault and LG Chem in the latest hand-shake ag More

Okay, maybe 250 MPH miles is a bit of a stretch, but how does 248.548 MPH miles sound?

*Forget the speed references throughout. This is a miles-of-range target set by Renault and LG Chem. See update below.
LG Chem Lithium-Ion Polymer Battery Cells

LG Chem Lithium-Ion Polymer Battery Cells

That’s the target set forth by Renault and LG Chem in the latest hand-shake ag More

[…]

Tesla Motors Inc (TSLA) And Samsung Battery Deal Nears Conclusion

Talks between Tesla Motors Inc (NASDAQ:TSLA) and Samsung SDI, a subsidiary of Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930), for the supply of car batteries, is getting more serious, according to Reuters. In the past, there has been news that Tesla Motors is hunting for a new partner to provide electric car batteries, in addition to its current partner Panasonic, and if the reports are tru More

Talks between Tesla Motors Inc (NASDAQ:TSLA) and Samsung SDI, a subsidiary of Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930), for the supply of car batteries, is getting more serious, according to Reuters. In the past, there has been news that Tesla Motors is hunting for a new partner to provide electric car batteries, in addition to its current partner Panasonic, and if the reports are tru More

[…]

Tesla’s Talks With Samsung For Electric-Car Batteries Get More Serious

Tesla is looking for a new partner to produce electric-car batteries in addition to its current maker, Panasonic, and it may have found one.

Or not.

Reuters reports that Tesla’s talks with Samsung SDI–a division of Korean electronics giant Samsung Electronics Co Ltd.–are getting more serious.

Spokespeople from both companies said nothing concrete had come out More

Tesla is looking for a new partner to produce electric-car batteries in addition to its current maker, Panasonic, and it may have found one.

Or not.

Reuters reports that Tesla’s talks with Samsung SDI–a division of Korean electronics giant Samsung Electronics Co Ltd.–are getting more serious.

Spokespeople from both companies said nothing concrete had come out More

[…]

LG Chem, Johnson Controls, AESC Lead Li-ion Battery Market

LG Chem and Johnson Controls currently lead the lithium ion (li-ion) batteries for electric vehicles market in terms of both strategy and execution, according to a leaderboard report by Navigant Research.

Only three companies — LG Chem, Johnson Controls and AESC — are ranked as “leaders” in the report’s leaderboard grid (see graphic). Steady but gradual growth in EV sales has limi More

LG Chem and Johnson Controls currently lead the lithium ion (li-ion) batteries for electric vehicles market in terms of both strategy and execution, according to a leaderboard report by Navigant Research.

Only three companies — LG Chem, Johnson Controls and AESC — are ranked as “leaders” in the report’s leaderboard grid (see graphic). Steady but gradual growth in EV sales has limi More

[…]

LG Chem factory in Holland will finally start producing lithium ion batteries

LG Chem.jpgLG Chem Michigan Inc.’s plant will finally start producing batteries in July, the company announced Sunday.Jim Harger | Mlive Media Group
HOLLAND, MI – LG Chem Michigan Inc.’s plant, much maligned and fined for keeping its workers on its payroll while they played cards and watched movies on the job, will start producing lithium ion batteries for cars in July, the Korean More

LG Chem.jpgLG Chem Michigan Inc.’s plant will finally start producing batteries in July, the company announced Sunday.Jim Harger | Mlive Media Group
HOLLAND, MI – LG Chem Michigan Inc.’s plant, much maligned and fined for keeping its workers on its payroll while they played cards and watched movies on the job, will start producing lithium ion batteries for cars in July, the Korean More

[…]

S. Korea’s LG Chem Plans to Start US Lithium Battery Plant in Mid-2013

Trial production will begin in July or Aug in Michigan – exec

* Slower-than-expected Volt demand delayed operation of U.S. battery plant

* LG Chem tries to minimise losses on electric car business – exec

SEOUL, April 19 (Reuters) – South Korea’s LG Chem aims to start production at its U.S. car battery factory in the second half of this year, two execut More

Trial production will begin in July or Aug in Michigan – exec

* Slower-than-expected Volt demand delayed operation of U.S. battery plant

* LG Chem tries to minimise losses on electric car business – exec

SEOUL, April 19 (Reuters) – South Korea’s LG Chem aims to start production at its U.S. car battery factory in the second half of this year, two execut More

[…]

From South Korea, LG Chem is Ruling the Electric Vehicle World

Who is leading the world when it comes to electric car technology? Is it GM because the Chevrolet Volt is the most successful plug-in car on today’s market? Is it Nissan because it launched the first mass-produced EV? Could it be a start-up like Envia, which promises to deliver revolutionary low-cost high-energy EV batteries? Those are exciting perspectives, but as it stands today, LG Chem i More

Who is leading the world when it comes to electric car technology? Is it GM because the Chevrolet Volt is the most successful plug-in car on today’s market? Is it Nissan because it launched the first mass-produced EV? Could it be a start-up like Envia, which promises to deliver revolutionary low-cost high-energy EV batteries? Those are exciting perspectives, but as it stands today, LG Chem i More

[…]

Finally, a folding phone: LG invents revolutionary batteries so flexible they can be tied up in knots

Phone companies have long touted the possibility of bendable smartphones, enabling you to keep your phone rolled up in your pocket and then stretched out when necessary.
But one component has so far kept this concept away from reality – the inflexible lithium batteries that More

Phone companies have long touted the possibility of bendable smartphones, enabling you to keep your phone rolled up in your pocket and then stretched out when necessary.
But one component has so far kept this concept away from reality – the inflexible lithium batteries that More

[…]

LG Chem: Being Investigated by US Justice Department on Possible Price Fixing of Lithium Batteries

LG Chem (051910.SE) is currently under investigation by the U.S. Department of Justice on possible price fixing of lithium batteries, a spokesman for the company said Tuesday.
While the spokesman wasn’t immediately able to confirm when the investigations had started, local newspaper Korea Economic Daily reported earlier in the day that the U.S. Department of Justice has been conducting More

LG Chem (051910.SE) is currently under investigation by the U.S. Department of Justice on possible price fixing of lithium batteries, a spokesman for the company said Tuesday.
While the spokesman wasn’t immediately able to confirm when the investigations had started, local newspaper Korea Economic Daily reported earlier in the day that the U.S. Department of Justice has been conducting More

[…]

Renault, LG Chem will make next-gen batteries in 2017; Zoe has software glitch

We already knew that the Renault-Nissan alliance is willing to invest over $5 billion in electric vehicles. Details on how all that money will be spent has been trickling out, and today’s announcement is one more piece of the pie.

Renault said it will partner with LG Chem to dev More

We already knew that the Renault-Nissan alliance is willing to invest over $5 billion in electric vehicles. Details on how all that money will be spent has been trickling out, and today’s announcement is one more piece of the pie.

Renault said it will partner with LG Chem to dev More

[…]

Did Polypore’s Battery Just Die?

Filtration-technology maker Polypore International (NYSE: PPO ) saw a free fall in its shares after announcing fourth-quarter results. While some may think this was a fallout over “disappointing” numbers, I think their results were just fine. The market seems to have been unsettled by the threat of competition from a current buyer.

So how big is the threat for Polypore?

More

Filtration-technology maker Polypore International (NYSE: PPO ) saw a free fall in its shares after announcing fourth-quarter results. While some may think this was a fallout over “disappointing” numbers, I think their results were just fine. The market seems to have been unsettled by the threat of competition from a current buyer.

So how big is the threat for Polypore?

More

[…]

USA: GM CEO says Chevy Volt fire problem handled properly

WASHINGTON – The head of General Motors Co. says the company properly handled a problem with battery fires in Chevrolet Volt electric cars last year.

In written testimony for a congressional hearing Wednesday, GM chairman and CEO Daniel F. Akerson said testing by government regulators resulted in fires “after putting the battery through lab conditions that no driver would experienc More

WASHINGTON – The head of General Motors Co. says the company properly handled a problem with battery fires in Chevrolet Volt electric cars last year.

In written testimony for a congressional hearing Wednesday, GM chairman and CEO Daniel F. Akerson said testing by government regulators resulted in fires “after putting the battery through lab conditions that no driver would experienc More

[…]

LG Chem and Johnson Controls Score Highest in New Pike Research Assessment of Electric Vehicle Battery Manufacturers

BOULDER, Colo., Feb 06, 2012 (BUSINESS WIRE) — The electric vehicle (EV) battery industry is entering a mature phase. While some companies have been developing products for as long as 15 years, others are less than a decade old. The earliest development efforts focused on nickel-metal hydride (NiMH) and lead-acid batteries, but today companies and automakers have standardized on lithium ion More

BOULDER, Colo., Feb 06, 2012 (BUSINESS WIRE) — The electric vehicle (EV) battery industry is entering a mature phase. While some companies have been developing products for as long as 15 years, others are less than a decade old. The earliest development efforts focused on nickel-metal hydride (NiMH) and lead-acid batteries, but today companies and automakers have standardized on lithium ion More

[…]

USA: GM CEO Defends Chevrolet Volt in Written Testimony, Hearing Before Congress

GM CEO Dan Akerson with the Chevrolet Volt (Source: mlive.com)In addition to Akerson, NHTSA Administrator David Strickland testified in favor of the Volt

The Chevrolet Volt’s reputation took a bit of a beating throughout 2011 after a few battery fire incidents. In May 2011, the National Highway Traffic Safety Administration (NHTSA) conducted a side-impact crash test on the Volt, and More

GM CEO Dan Akerson with the Chevrolet Volt (Source: mlive.com)In addition to Akerson, NHTSA Administrator David Strickland testified in favor of the Volt

The Chevrolet Volt’s reputation took a bit of a beating throughout 2011 after a few battery fire incidents. In May 2011, the National Highway Traffic Safety Administration (NHTSA) conducted a side-impact crash test on the Volt, and More

[…]

USA: Chevy Volt gets caught in Washington crossfire

WASHINGTON (Reuters) – The Chevy Volt became a political punching bag on Wednesday, with Republicans accusing the Obama administration of hiding fire risks from the public, and General Motors saying its signature electric vehicle unfairly got caught in political crosswinds.

Jim Jordan, chairman of the House Oversight regulatory subcommittee, said it was disturbing that U.S. safety reg More

WASHINGTON (Reuters) – The Chevy Volt became a political punching bag on Wednesday, with Republicans accusing the Obama administration of hiding fire risks from the public, and General Motors saying its signature electric vehicle unfairly got caught in political crosswinds.

Jim Jordan, chairman of the House Oversight regulatory subcommittee, said it was disturbing that U.S. safety reg More

[…]

USA: Volt Safety Confirmed; New PHEVs Announced; Countering Media Misinformation

January brings good news about the resolution of issues about Volt safety, announcements of many new PHEVs to come, many new sources of anti-plug-in criticism and misinformation — and finally, a response mechanism — and lots of other resources for CalCars-News readers who haven’t had a chance to keep up with the latest developments.

NEW PLUG-IN HYBRIDS COMING INTO VIEW: th More

January brings good news about the resolution of issues about Volt safety, announcements of many new PHEVs to come, many new sources of anti-plug-in criticism and misinformation — and finally, a response mechanism — and lots of other resources for CalCars-News readers who haven’t had a chance to keep up with the latest developments.

NEW PLUG-IN HYBRIDS COMING INTO VIEW: th More

[…]

USA: Chevy Volt Battery Fire Investigation Closed by U.S. Regulator

Jan. 20 (Bloomberg) — U.S. regulators ended an investigation into why Chevrolet Volt electric cars caught fire following government crash tests, two weeks after General Motors Co. told owners to bring the vehicles to dealerships for repair.

“Based on the available data, NHTSA does not believe that Chevy Volts or other electric vehicles pose a greater risk of fire than gasoline-power More

Jan. 20 (Bloomberg) — U.S. regulators ended an investigation into why Chevrolet Volt electric cars caught fire following government crash tests, two weeks after General Motors Co. told owners to bring the vehicles to dealerships for repair.

“Based on the available data, NHTSA does not believe that Chevy Volts or other electric vehicles pose a greater risk of fire than gasoline-power More

[…]

USA: US says GM’s electric Volt is safe

WASHINGTON — US auto safety regulators declared General Motors’s electric Chevy Volt safe on Friday after months of investigation into the risk of post-crash fires in its lithium battery.

The National Highway Traffic Safety Administration said that its tests concluded that “no discernible defect trend exists” in the Volt, the company’s main entrant in the market fo More

WASHINGTON — US auto safety regulators declared General Motors’s electric Chevy Volt safe on Friday after months of investigation into the risk of post-crash fires in its lithium battery.

The National Highway Traffic Safety Administration said that its tests concluded that “no discernible defect trend exists” in the Volt, the company’s main entrant in the market fo More

[…]

USA: Auto Watchdogs Happy With GM’s Volt-Fix Plan, U.S. Agency Says

U.S. auto-safety regulators are pleased with General Motors Co. (GM)’s plan to fix its Volt electric cars following fires in crash testing, National Highway Traffic Safety Administrator David Strickland said.

GM, based in Detroit, told owners last week to bring their Volts back to dealerships to have steel added to shield the cars’ lithium-ion batteries. Strickland’s agency opened an More

U.S. auto-safety regulators are pleased with General Motors Co. (GM)’s plan to fix its Volt electric cars following fires in crash testing, National Highway Traffic Safety Administrator David Strickland said.

GM, based in Detroit, told owners last week to bring their Volts back to dealerships to have steel added to shield the cars’ lithium-ion batteries. Strickland’s agency opened an More

[…]

USA: Li3 CEO to Present at the 4th Annual Lithium Supply & Markets Conference

Speaker on Topic of “Role of Strategic Alliances”

SANTIAGO, CHILE, Jan 19, 2012 (MARKETWIRE via COMTEX) — Li3 Energy, Inc., /quotes/zigman/577564 LIEG -4.82% (“Li3”, “Li3 Energy” or the “Company”), a US-listed and South American based global exploration and development company in the lithium and minerals sector, is pleased to announce t More

Speaker on Topic of “Role of Strategic Alliances”

SANTIAGO, CHILE, Jan 19, 2012 (MARKETWIRE via COMTEX) — Li3 Energy, Inc., /quotes/zigman/577564 LIEG -4.82% (“Li3”, “Li3 Energy” or the “Company”), a US-listed and South American based global exploration and development company in the lithium and minerals sector, is pleased to announce t More

[…]

USA: U.S. Ends Chevy Volt Battery Fire Probe

U.S. regulators ended an investigation into why Chevrolet Volt electric cars caught fire, and said electric vehicles do not pose a greater risk of fire.

The conclusion by the U.S. National Highway Traffic Safety Administration came two weeks after General Motors Co. (GM) told owners to bring the vehicles to dealerships for repair.

“Based on the available data, NHTSA does not beli More

U.S. regulators ended an investigation into why Chevrolet Volt electric cars caught fire, and said electric vehicles do not pose a greater risk of fire.

The conclusion by the U.S. National Highway Traffic Safety Administration came two weeks after General Motors Co. (GM) told owners to bring the vehicles to dealerships for repair.

“Based on the available data, NHTSA does not beli More

[…]

USA: Auto Watchdogs Approve GM’s Volt-Fix Plan, U.S. Agency Says

Jan. 9 (Bloomberg) — U.S. auto-safety regulators are pleased with General Motors Co.’s plan to fix its Volt electric cars following fires in crash testing, National Highway Traffic Safety Administrator David Strickland said.

GM, based in Detroit, told owners last week to bring their Volts back to dealerships to have steel added to shield the cars’ lithium-ion batteries. Strickland More

Jan. 9 (Bloomberg) — U.S. auto-safety regulators are pleased with General Motors Co.’s plan to fix its Volt electric cars following fires in crash testing, National Highway Traffic Safety Administrator David Strickland said.

GM, based in Detroit, told owners last week to bring their Volts back to dealerships to have steel added to shield the cars’ lithium-ion batteries. Strickland More

[…]

USA: GM announces fix for electric Volt battery

CHICAGO — Top US automaker General Motors on Thursday announced plans to reinforce the battery in its electric Chevy Volt in order to prevent fires after a severe crash.

The fix comes in response to a government safety probe launched after a damaged lithium battery in a Volt caught fire three weeks after a crash test.

Two other batteries caught fire in subsequent tests in which reg More

CHICAGO — Top US automaker General Motors on Thursday announced plans to reinforce the battery in its electric Chevy Volt in order to prevent fires after a severe crash.

The fix comes in response to a government safety probe launched after a damaged lithium battery in a Volt caught fire three weeks after a crash test.

Two other batteries caught fire in subsequent tests in which reg More

[…]