Technology
LG Will Spend $5.5 Billion on a Battery Factory in Arizona
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy. Source
LG Energy Solution
Technology
Electric Vehicles Could Match Gasoline Cars on Price This Year
Declines in new car prices are pushing down used electric vehicle prices, too. They have fallen 17 percent since July, according to Recurrent, which tracks the used car market. That’s largely because Tesla cut the […]
Technology
Honda and LG will jointly build a U.S. battery plant.
Honda and LG Energy Solution said on Monday that they would jointly build a battery plant in the United States for a slate of new electric cars the automaker is working on. The companies have […]
Technology
Energy Department will lend G.M. and LG $2.5 billion to build battery factories.
The loan will help the automaker and its supplier build electric vehicle battery factories in Ohio, Tennessee and Michigan. Source