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December 27, 2023
Hyundai Motor seeks alternative answers in India, Southeast Asia
...ople and is the fourth largest country in the world. Hyundai Motor is setting up the Association of Southeast Asian Nations' first complete EV chain as it is building a joint battery cell plant with LG Energy Solution. The automaker is pinning its hopes on Indonesia to become the main ...
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December 26, 2023
LG Nova to offer glimpse into future startup tech at CES 2024
LG Nova, LG Electronics’ North American Innovation Center, will offer a glimpse into the technologies that will lead growth in the future at CES 2024, slated to be held in January in Las Vegas, the c...ture industry,” said Rhee Sok-woo, LG Electronics’ senior vice p...
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December 25, 2023
LG Electronics opens experience zone targeting 'Doi Moi' generation in Vietnam
There is also a space where visitors can play shooting games with LG’s UltraGear gaming monitors and an exhibition zone that showcases the technology of the home appliance giant's key home appliances...er experience space so that overseas customers can experience the differentiated value...
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December 22, 2023
LG Energy Solution secures 10 power grid projects in US
LG Energy Solution said Thursday its US subsidiary has landed 10 power grid supply deals in the fast-growing US energy storage system market since its launch last year. The projects' total energy storage capacity amounts to 10 gigawatt-hours, the firm said. Based in Texas, LG ...
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December 22, 2023
Huawei to spur Korea’s digital shift next year: CEO
... always open to cooperating with Korean firms and want to support their digital transformation and help create value." On the other hand, he hinted at the Chinese company's step-up cooperation with LG Uplus, the nation's third-largest mobile carrier. Earlier this year, LG Up...
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December 21, 2023
Big firms skip year-end brouhaha, offer days off instead
...k off the new year, eyes are on whether he might deliver a message to employees for the new year. LG Group does not plan to hold official ceremonies for the end of the year or start of the new year. ...ed video messages for better communication among employees in both Korean and overse...
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December 21, 2023
LG Chem breaks ground on largest materials plant
LG Chem said Wednesday it broke ground to build a cathode materials manufacturing plant in the US state of Tennessee that is to be the largest production facility in the all-important electric vehicle market. LG Chem Vice President Shin Hak-cheol, Tennessee Gov. Bill Lee, Stuar...
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December 20, 2023
French business tycoons visit Korea to meet with KCCI
...s and government officials from the two nations, the business roundtable discussed strategic partnerships in the energy and technology sectors. The top executives from Samsung Electronics, SK Group, LG Electronics, Kia as well as Accor Group, Air Liquide and JCDecaux joined the event. ...
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December 19, 2023
LG Innotek develops wireless battery management system for EVs
LG Innotek said Monday it has developed a wireless battery management system, or BMS, for electric vehicles that significantly improved battery performance. The BMS is an essential EV component that...ment stage. Therefore, a customer is not required to run a separate technical test afte...
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December 19, 2023
LG Electronics to showcase next-gen transparent antenna for cars
LG Electronics said Monday it will unveil its next-generation transparent antenna that will enhance telecommunication for cars at the upcoming CES 2024, slated for January in Las Vegas. The film-typ...tions performance for automotive applications via vehicle tests,” said Eun Seok-hyun, ...
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December 19, 2023
Overseas construction orders to exceed $30b for fourth year
...Some of the notable deals include Samsung C&T's $4.7 billion order for Samsung Electronics' semiconductor plant in Texas, the $1.2 billion joint battery plant project between Hyundai Engineering and LG Energy Solution, and another $1.75 billion battery plant project between Hyundai Engi...
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December 18, 2023
LG donates W12b to support neighbors in need
LG Group said Sunday that it has donated a total of 12 billion won ($9.24 million) to Community Chest of Korea, a local charity organization, as part of its year-end charitable giving. The ceremony ...added. LG Uplus created and delivered packages containing groceries to older...
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December 18, 2023
[Herald Interview] Group 14, SK Materials to operate Asia’s largest silicon plant for EVs
... pointed out that three of the five largest battery manufacturers in the world are Korean firms -- LG Energy Solution, Samsung SDI and SK On. “So we secured further intellectual property protection -...ill certainly be happy to partner with both strategic partners and customers with S...
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December 17, 2023
Korean battery, clean energy firms expected to benefit from US tax incentives
...greatly benefit from the tax credits. Section 45X consists of a $35 tax credit per one kilowatt-hour of a battery cell and a $10 tax credit per one kWh of a battery module. Korean battery makers -- LG Energy Solution, SK On and Samsung SDI -- are expected to be eligible for these tax c...
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December 15, 2023
[Herald Interview] SES AI bolsters battery partnership with Hyundai Motor on EV, UAM
...ace for securing future battery technology including lithium-metal and lithium-silicon batteries. LG Energy Solution, for example, recently secured a lithium-metal battery technology using a borate-p... the first time. “At this moment, our batteries are at a more advanced stage of de...
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December 13, 2023
Germany’s lukewarm EV sales alarm Korean battery makers
...ar sales slump in Germany, which took up 32 percent market share in Europe last year, is a signal that shows the whole region is beginning to see a slowdown in EV demand. Korean battery makers like LG Energy Solution, Samsung SDI and SK On, who either operate or are setting up producti...
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December 12, 2023
LG Uplus, Toyota team up to extend EV charginbg network
Toyota Motor Korea and LG Uplus, the nation’s main telecommunications carrier, have joined hands to build an electric vehicle charging network in line with the electrification megatrend, the companie... Voltup to the automaker. Launched last year, Voltup is an independent EV charger bus...
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December 12, 2023
LG Innotek to showcase mobility, AI tech at CES
LG Innotek said Monday that it will double the size of its exhibition booth compared to last year at the annual CES tech show held in Las Vegas in January to showcase its latest mobility and artifici...ished customer value through foundational technologies and breakthroughs in mobility an...
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December 10, 2023
LG Energy Solution to supply EV battery modules to Poland's ICPT
LG Energy Solution said Friday that it has signed an agreement with Impact Clean Power Technology, a leading Polish battery systems manufacturer, ramping up its foray into the European market for com...ng forward, we will continue to deliver world-class customer value,” said Hong Seung-t...
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December 08, 2023
Samsung SDI renews push for all-solid-state batteries
...The team represents the company’s strong commitment to move up the schedule for commercial production (of the batteries) faster than 2027,” said an official from Samsung SDI. Compared to its rivals LG Energy Solution and SK On, Samsung SDI has been at the forefront of the all-solid-s...