battery maker

South Korean authorities order battery maker to halt operations over deadly blaze

The factory which had 35,000 lithium batteries stored at the time of the fire was quickly engulfed a...

auto | 3 months ago

LG Energy Solution's operating profit plunges 58% as EV sales slip

LEGS sees the global EV markets in a stagnation phase, known as the "chasm," which occurs before the...

auto | 3 months ago

Battery maker ProLogium to gradually ramp up French plant amid slow EV sales

Several battery makers in Europe have curbed expansion plans as consumers wait for more affordable m...

auto | 3 months ago

South Korea's SK Innovation agrees merger with SK E&S as part of overhaul

"The merger is expected to positively impact the company's profit and financial structures by enhanc...

auto | 3 months ago

Battery maker Northvolt to shift R&D from California to Sweden

Northvolt said it had encouraged workers at the unit to apply to open positions in other arms of Nor...

auto | 2 months ago

Battery maker Northvolt to cut 1,600 jobs in Sweden

Swedish battery manufacturer Northvolt is set to lay off 1,600 employees in Sweden.Swedish battery m...

auto | 4 weeks ago

South Korean battery maker SK On to cut workforce amid challenging EV market

South Korean battery maker SK On plans to introduce voluntary workforce reduction measures.South Kor...

auto | 3 weeks ago

South Korean battery maker SK On to cut jobs amid challenging EV market

SK On said it is set to offer a voluntary package to employees who agree to leave. South Korean batt...

auto | 3 weeks ago

Northvolt subsidiary files for bankruptcy

Northvolt subsidiary files for bankruptcy.Swedish battery maker Northvolt said on Tuesday that one o...

auto | 2 weeks ago

Battery maker Northvolt says it will be able to pay its upcoming taxes

There had been wide speculation in media that a key crunch time for the company could be when it fac...

auto | 1 week ago

LG Energy wins deals to supply EV batteries for Ford

LGES said it plans to produce the contracted batteries at its plant in Poland starting in 2026. LG E...

auto | 6 days ago