Samsung, LG, Kia, POSCO and multiple other Korean companies have been forced to reassess costs for running their factories in ...
LGES could become the largest EV battery supplier in the US market by 2025, which would benefit the company through capturing significant tax incentives from the Inflation Reduction Act for batteries ...
Battery maker LG Energy Solution said it will make major cuts to spending this year, though it expects a rebound in sales, as ...
The company, which makes batteries for Tesla, General Motors and Volkswagen, reported an operating loss of 226 billion won ...
Saving the Belvidere factory from permanent closure was a key part of a new contract with the United Auto Workers in 2023.
For example, in December, Saint-Jérome, Que.-based Lion Electric Co., which had received $100 million in provincial and ...
A forecast says truck demand has reached it height, EVs are "here to stay," and Korean automakers are on a roll.
Automaker Stellantis plans to reopen an assembly plant in Illinois and build the next generation Dodge Durango in Detroit, ...
Automaker Stellantis plans to produce a new midsize pickup truck at the assembly plant near Rockford. The move will put about ...
With lithium demand tipped to rise 400% by 2050 some ASX stocks are diving into the world of DLE, which drastically reduces ...