The automaker’s future Ultium-powered EVs are designed for Level 2 and DC fast charging. Most will have 400V battery packs and up to 200 kW fast charging capability.
LG says its new expansion plan will give it a total production capacity of more than 110 GWh in the United States.
The Australian Competition and Consumer Commission has confirmed a recall notice for some of LG Energy Solution’s battery energy storage systems due to potential fire-related risks.
LG Chem is spinning off its battery business into a new subsidiary, LG Energy Solution. It also launched two new battery series, Resu Prime and Resu Flex. These devices rely on new battery cells with a higher power density and with up to 16 kWh, they have a higher capacity than previous models. The first products are expected to be shipped from February or March 2021.
Plus, Italian developers continue to dig deep for their health service, the pandemic piles on problems for a debt-saddled Chinese company and analysts consider whether there will be any money left for a green economic recovery after the dust settles.
As the outbreak takes its toll on solar panel and battery manufacturing in China, Australia is bracing for disruptions in the supply chain.
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.
Korean conglomerate LG reports increasing demand for its high-efficiency PV products in key markets while Kyocera said its solar business is improving profitability. Panasonic posted a slight increase in sales for its PV segment, including solar manufacturing.
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