Battery Tech

Samsung SDI Opens An EV Battery Plant In China

Samsung SDI Opens EV Battery Plant In China

Samsung SDI opened a new lithium-ion battery cell plant in China calling itself the 1st global battery company to construct an EV battery plant in China. The completion ceremony was held on October 22 at Xi’an, Shaanxi Province of China. Battery production plan is for 40,000 EVs, which doesn’t tell…

4 weeks ago by Mark Kane 3

LG Chem Cells

UPDATE/Confirmed: LG Chem Inks Battery Deal With Tesla

According to Asian news organization Nikkei, one of the world’s leading automotive lithium-ion battery suppliers, LG Chem, is “in the final stage of negotiations to supply lithium-ion batteries to U.S. electric vehicle maker Tesla Motors.” Even if the deal is inked, Panasonic will likely remain a major supplier for Tesla,…

1 month ago by Eric Loveday 94

LG Chem's Michigan Facility

LG Chem Adds 4th Battery Plant Line In Michigan, But For Whom?

LG Chem has been owning the spotlight when it comes to electric vehicle news of late. First, it was for selling General Motors lithium-ion batteries at a price of $145/kWh (of which the company was none too pleased with GM for disclosing), then for the revelation it will supply multiple components past just the…

1 month ago by Jay Cole 43

GM CEO Mary Barra Talks Future Of GM At Annual Global  Conference

LG Chem “Ticked Off” With GM For Disclosing $145/kWh Battery Cell Pricing – Video

General Motors rattled the electric vehicle world on October 1st when they announced that the battery cell costs inside the new Chevrolet Bolt was an “industry-leading” $145/kWh from its annual Global Business Conference. The declaration was significant for a couple reasons. For starters, it is unprecedented for any automaker to actually disclose specific battery pricing.  Secondly,…

1 month ago by Jay Cole 100

Dr. Ann Marie Sastry Co-Founder and CEO of Sakti3

Dyson To Acquire Sakti3 For $90 Million

Dyson, after investment of $15 million in Sakti3 earlier this year, and speculations about electric cars, confirmed its intention to acquire the Sakti3 solid state battery start-up for $90 million. James Dyson said that the next step will be a major battery factory. Sakti3/Dyson batteries at first will go into…

1 month ago by Mark Kane 45