A rending of LG Energy Solution's Stand-Alone Battery Manufacturing Complex Project in Arizona / Source: LG Energy Solution Tesla is rumored to be behind a large $4 billion lithium-iron phosphate (LFP ...

South Korea's LG Chem , an electric car battery supplier for Tesla Inc and GM said on Thursday it plans to separate its battery business into a new company as the electric vehicle market takes off.

Korean companies LG and Hyundai are teaming up to build a new EV battery cell manufacturing plant in the US and have signed a memorandum of understanding to invest $4.3 billion in the project. The ...

South Korea’s Hyundai Motor Group and LG Energy Solution (LGES) just announced that they will build a $4.3 billion EV battery plant in the state of Georgia. The two companies signed a memorandum of ...