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 ...

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 ...

General Motors will not own a stake in the Ultium Cells battery plant in Lansing after all. On Monday, GM said it will sell back its investment in the plant, which has not yet opened, to its Ultium ...

General Motors and South Korea's LG Energy Solution reached a settlement to establish a $150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective batteries, documents filed ...

A joint venture between General Motors and LG Energy Solution plans to upgrade a manufacturing facility to produce low-cost electric vehicle battery cells. GM said Monday the venture, named Ultium ...