According to the latest reports from South Korea, LG Chem has introduced a production process that can increase the production of EV batteries. The new process increases the capacity of the equipment for battery materials. Along with the wide-range and high-speed technologies used in the assembly process, it is expected to help significantly in enhancing battery productivity. According to industry reports from today, LG Chem has recently applied 2,300 liters of mixing equipment to three new production lines in the Wroclaw electric vehicle battery plant in Poland. Previously, 1300 liters were used. The Nanjing plant in China has used 2,300 liter mixing equipment since 2016, but it was not a production line dedicated to electric vehicles. Poland was the first to use large-capacity mixing equipment among the plants for EV batteries.The mixing is the first step in the battery production process. The slurry is made by mixing the active material, the conductive material, the binder, and the solvent, which are the basis of the material inside the battery, in a certain ratio. This process usually takes 12 hours per line. The larger the capacity, the higher the productivity.However, it is difficult to increase the capacity, secure material properties and product quality. Because of this, sometimes small capacity mixing equipment is used. Utilizing large-scale mixing equipment means that the recipe is made so that mixing and dispersion can be achieved without harming the material properties. It is a high-level technology that affects productivity.Currently, LG Chem's Poland plant is in full swing to increase yield. The rate of automation is increasing for high-speed and wide-width technologies. With this large-capacity mixing equipment, it is expected to theoretically improve productivity by more than 70%. LG Chem is paying special attention to its second factory in Poland, which entered mass production last year. Yield stabilization is needed to achieve this year's battery production goal of 110 GWh and 15 trillion won in sales. Source

LG Chem's battery business gets split off, indeed, and named LG Energy Solutions We have already informed you that LG Chem plans on slitting off its battery business. The rumor has turned out to be true and today the company held that important board meeting during which the decision to do so was taken. LG Chem will establish a wholly-owned battery subsidiary dubbed LG Energy Solutions and shore up investments through a public listing in the future. The actual split off will take place on...

LG Chem will split off its battery business to secure cash for its future projects Various Korean media report that LG Chem plans on splitting off its battery business. A board meeting is expected to happen today to approve this move. As a result, LG Chem will form a new wholly-owned subsidiary for the EV battery business within the first half of 2021. LG Corp will own LG Chem, and LG Chem will wholly own the newly formed battery company. "For LG Chem to digest battery orders, it needs to increase...

LG Chem has completed its first overseas anode factory LG Chem has completed its first overseas anode factory. Located in Wuxi, China, it is called Leyou New Energy materials and is the result of LG Chem's JV with Huayou Cobalt - China's top cobalt producer. LG Chem invested 272 billion won in the first half of 2020 and the total investment was 324 billion won. The plant will supply anode materials to LG Chem's battery factory in Nanjing set 180 km from Wuxi. In total...

LG Chem is supplying NCM712 batteries to Volkswagen for the ID.4 and Renault for the ZOE LG Chem is starting the production of new anode materials that will increase the range of EVs. These are found in the NCM711 batteries and according to "people familiar with the matter" who spole to The Elec on Monday, LG Chem's factory in Polan has already begun supplying Volkswagen for the ID.4 and Renault for the ZOE with such batteries. It is expected that the NCM712 batteries will replace the NCM622 ones in LG...

The Ultium Cells battery plant in Lordstown, Ohio develops on schedule Today marks the beginning of steel construction at the all-new Ultium Cells LLC battery cell manufacturing facility in Lordstown. Ultium Cells LLC is a joint venture that will mass-produce Ultium battery cells for electric vehicles and create more than 1,100 new jobs in Northeast Ohio. Since May 2020, ground has been broken and concrete footings have been poured at the facility. Steel construction at Ultium Cells...

Report: Tesla will no longer use Panasonic batteries for its production in China According to South Korean news outlet The Guru, Tesla will no longer use Panasonic batteries for its production in China. LG Chem and CATL will be the main suppliers for cylindrical cells for China-made Tesla models. In particular, as the deal with LG Chem expands, LG Chem is expected to emerge as the main supplier to take charge of battery volume for Tesla's Chinese electric vehicle models. This information comes...

Tesla has reportedly asked LG Chem to provide data about the carbon emissions of its batteries production South Korean media report that Tesla has asked LG Chem to prepare a report for all carbon dioxide emissions data related to battery production. For sure, acquiring this data is very time-consuming. It includes data from the production and delivery of raw materials to the production and delivery of the end product. This includes data from suppliers. And all this has to be verified. Reportedly, LG has started to...

SK Innovation started the construction of its second EV battery plant in the USA Various Korean media report that the SK Innovation has started the construction of its second EV battery plant in the USA. The site is located in Jackson County, Georgia. The initially planned inauguration event was canceled due to the state of an emergency caused by the Covid-19 spreading. The annual production capacity of the second factory will be around 11.7GWh. Combined with the capacity of the first factory...

Hyundai Motor and SK Innovation chiefs meet to discuss cooperation in the EV market Yonhap and other South Korean news outlets report that the chiefs of Hyundai and SK Innovation have met to discuss future cooperation in the EV market. The Executive Vice Chairman of Hyundai Motor Group - Chung Euisun, and the Chairman of SK Group - Chey Tae-won have met to discuss cooperation on next-generation EV battery technologies, power management chips, and the battery-as-a-service (Baas) platform. The...

GM will introduce more EVs in South Korea, continues close partnership with LG Chem GM plans on introducing more electric vehicles in South Korea, reports Yonhap. Jesse Ortega, chief engineer at GM's Autonomous and Electric Vehicle Programs held an online briefing with Korean media dedicated to the topic. Earlier this month, GM launched in South Korea the 2020 Chevy Bolt EV. General Motors will present two new EV models this year - the Cadillac Lyriq SUV and the Hummer EV. The company said it will...

Hyundai Motor and LG Chem chiefs meet to discuss EV batteries Various South Korean news outlets announced today that the Executive Vice Chairman of Hyundai Motor Group, Chung Euisun, and the LG Group Chairman, Koo Kwang-mo, will meet next week to discuss electric vehicle battery business. According to industry sources, Chung will visit LG Chem's EV battery production site located in Cheongju, North Chungcheong Province, on Monday. LG Chem is already chosen to supply batteries...

SK Innovation became the fifth largest EV battery supplier in April In April 2020, SK Innovation entered the global Top 5 in the EV battery market for the first time. SK Innovation said that according to SNE Research, the company had a 3.5% market share by supplying 189.1 MWh of batteries. Samsung SDI was sixth with 3.4% market share by deploying 187.2 MWh in April. LG Chem was second with 18.2% market share and 988.1 MWh deployed. In the January-April period, LG Chem, Samsung SDI...

LG Chem has become the second largest EV battery manufacturer in China thanks to the Tesla Model 3 Korean news outlet The Elec cites Battery China according to which, LG Chem has become the second largest EV battery manufacturer in China surpassing BYD. LG has deployed 2087 MWh of EV batteries from January to May this year. BYD has deployed 1943 MWh and has moved to the third place. This is due mainly to the supply of batteries for the Tesla Model 3 produced in China. LG Chem's Nanjing plant makes 21700...