Tag: LG

24
Aug

Tesla makes battery supply deal with LG for Chinese Gigafactory 3, report says

Tesla has reportedly signed a battery supply deal with LG Chem for Gigafactory 3 in China. It would be Tesla’s first deal to supply battery cells for its electric vehicles with a company other than Panasonic. At first, CEO Elon Musk said that all of Tesla’s new factories, including Gigafactory 3 in China, will include the production of both battery

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8
Jan

REFILE-FOCUS-Recharge: LG and Samsung take heart as China flags more open car battery market

SEOUL/BEIJING, Dec 20 (Reuters) – For automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd , the Chinese market has begun to offer promise after painful loss-making investments. The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign firms. Since

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