Battery maker LG Energy profit declines as global EV sales slump
To reduce its reliance on EVs, LG Energy said it plans to more than double sales by 2028 by expanding businesses such as ...
Channel NewsAsia Singapore21h
LG Energy Solution to supply batteries to Mercedes-Benz affiliate in North America
South Korea's LG Energy Solution (LGES) said on Tuesday it signed a deal to supply electric vehicle (EV) batteries to a Mercedes-Benz affiliate in North America and other regions, sending its shares ...
The Korea Times on MSN6h
LG Energy Solution, General Motors show signs of drifting apart
US carmaker to ditch joint venture’s name for EV batteriesUncertainties are growing regarding whether LG Energy Solution (LGES) will remain General Motors' main battery supplier as the U.S. carmaker ...
American Machinist8h
GM Rebranding EV Battery Technology
General Motors reports its electrification program is approaching profitability, but the Ultium lithium-ion architecture, ...
GM Authority13h
GM To Drop Ultium Brand For EV Batteries And Motors
It looks as though GM will give the Ultium brand the boot as it relates to the company's proprietary EV battery and EV drive ...
autoevolution23h
Porsche Recalls 2020 – 2024 Taycan Electric Vehicles Over Battery Issue
Similar to the e-tron GT and RS e-tron GT from Audi, the Porsche Taycan has also been hit with a safety recall over ...
GM ditching ‘Ultium' name for batteries, tech amid EV changes
GM confirmed the change ahead of an investor event in which it is expected to tout the flexibility of the company to produce ...
GlobalData on MSN23h
LGES aims to double revenues by 2028
LGES said it aims to achieve these targets based on rising global demand for EVs, with growth expected to accelerate from ...
EconoTimes17h
James Brocklesby
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those ...