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LG Chem

‘China must put EV battery reuse at heart of net-zero ambition’

The centralized nature of policymaking in Beijing would enable component standardization to ease the transition from EV to stationary energy storage use, according to Greenpeace East Asia.

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Solar-powered unmanned airplane with lithium-sulfur battery

The Korea Aerospace Research Institute has conducted a battery-powered test flight of solar-powered unmanned aerial vehicle EAV-3. The aircraft is powered by solar cells on its wings and body and an LG Chem lithium-sulfur battery.

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Battery manufacturing capacity set to increase fourfold to 1.3 TWh by 2030

Analysts at Wood Mackenzie have looked at plans for the incoming decade and concluded that about 119 manufacturing sites will be up and running by 2030. China currently sits firmly in the driving seat, with Asia Pacific comprising 80% of global manufacturing capacity, but Europe is catching up.

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Germany has 200,000 solar-plus-storage systems

EuPD Research estimates around 65,000 energy storage systems linked to rooftop PV were installed last year thanks to increasingly popular solar arrays and electric vehicles as well as rising electricity prices.

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Coronavirus could cost Chinese battery makers 26 GWh of output

WoodMac analysts say the amount of new battery manufacturing capacity added in the nation this year could fall by as much as 10% because of the outbreak. With Tesla’s Shanghai gigafactory affected by the extended new-year-holiday shutdown, the analyst warned of potential supply shortages for Australia and the U.S. and U.K.

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European battery providers mindful of possible coronavirus shortages as LG Chem halts production in China

Storage system providers in Europe have told pv magazine output has thus far been unaffected by the virus outbreak in China. Manufacturers are aware, however, the situation may change rapidly if self-isolation measures taken by the authorities continue.

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Panasonic and Toyota launch EV battery business as solar lifts Kyocera and LG

Electronics corporations Panasonic, Kyocera and LG have filed results for the nine months to December 31. All three reported uplifts because of their solar activity and LG has said it will dive deeper into energy storage. Panasonic is deepening its commitment to automotive batteries through a new joint venture with Toyota.

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Volvo to join blockchain-powered ethical auditing of cobalt supply chain

Corporations in the auto industry, battery manufacturing and mining have joined forces to establish reliable due diligence reporting on raw minerals. Volvo will be among the first to move on the issue by putting its cobalt supply chain under scrutiny early next year.

EU lender pitches in for LG Chem battery gigafactory in Poland

The European Bank for Reconstruction and Development is lending €250 million for a project which has expanded from producing an initial 100,000 EV batteries per year to an hoped-for 1 million by 2022, creating 1,000 new jobs along the way.

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Tesla gigafactory orders see LG Chem supplant BYD as third biggest global battery supplier

The Chinese e-mobility company has been hammered since Beijing’s abrupt reduction of electric vehicle subsidies in the summer. Korean outfit LG Chem’s shipment volumes have gone in the opposite direction.

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