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...At the same time environmental and consumer groups, including Chem Trust, the Greener UK coalition and Breast Cancer UK, have all spoken of the need for “robust” regulation and warned against reducing requirements...
...In May, the chief financial officer of LG Chem, the parent of LG Energy Solution, told investors its working assumption was that the US government would apply the same definition of “foreign entities of...
...In 2002, it lost a well-known trademark claim over the pop song “Barbie Girl” by the band Aqua, which surfaces on the Barbie soundtrack....
...LG Chem and CATL are due to open sites in Poland and Germany this year, and SK Innovation is to expand its existing Hungarian facility....
...Last week, for example, South Korean group LG Chem announced a $3bn investment in a battery plant in Tennessee....
...Tesla turned to LG Chem as well as CATL, which makes lithium-iron phosphate batteries, to supply the cells for its Model 3 cars in China....
...Parent LG Chem will retain an 81.8 per cent stake in the battery unit after the listing. Analysts expected short-term volatility in LGES shares given the limited share float....
...On the other hand, Tesla has diversified suppliers to LG Chem and CATL. It now plans its own battery cell production. For Panasonic, cashing out now means big gains....
...While Panasonic used to be Tesla’s sole battery supplier, the US group has begun developing its own batteries and adding to its purchasing partners with South Korea’s LG Chem and China’s CATL to support...
...Earlier this month, the group’s battery-making affiliate LG Chem spun off its EV battery and energy storage business into a standalone unit....
...The comments by Kazuhiro Tsuga come as Tesla begins developing its own batteries and expands its purchasing partners to South Korea’s LG Chem and China’s CATL to support growing sales of its electric vehicles...
...The share price of Korean battery specialist LG Chem has since more than doubled in dollar terms. Those of two mainland suppliers, Changzhou Almaden and Ningbo Tuopu soared more than 80 per cent....
...Beyond Hyundai and its parts-making affiliates, South Korea is the world’s largest producer of batteries for electric vehicles via LG Chem, Samsung SDI and SK Innovation....
...A version of this article was first published by Nikkei Asia on December 28, 2020. ©2020 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on September 24 2020. ©2020 Nikkei Inc....
...GM’s Ultium battery allows for new models to be developed faster, and the company’s planned battery factory in Lordstown, Ohio — a joint venture with LG Chem — should make it possible to crank out enough...
...No wonder shares in electric vehicle battery makers Panasonic, CATL and LG Chem fell more than 4 per cent on Wednesday....
...Grieg said that outside of its green bond framework, it continued to purchase feed supplies from Cargill Aqua Nutrition, which uses only organic and sustainably certified soyabeans....
...raise $400m for Spac (FT + Lex) Engie tells Veolia to increase offer for Suez stake (FT) Unibail sets out €9bn plan to pay down debt (FT) TikTok rival prepares for blockbuster Hong Kong listing (FT) LG Chem...
...The inclusion in the government approved list of the Model 3, which reportedly uses batteries from Korea’s LG Chem, should accelerate Tesla’s sales. Cutting the Chinese sticker price helps too....
...The plant, which will produce the mass market Model 3 car, will use batteries from Korean producer LG Chem initially....
...A version of this article was first published by the Nikkei Asian Review on August 2 2020. ©2020 Nikkei Inc. All rights reserved....
...At this time of year, Murat Tugay, who runs the 240-room Hotel Aqua in the Mediterranean resort of Marmaris, should be dealing with a packed guestbook and all the challenges of peak season....
...He said Panasonic was “not too concerned” about losing exclusivity after Tesla signed deals with South Korea’s LG Chem and China’s CATL....
...Nemaska had raised $1bn in funding and signed agreements to supply lithium hydroxide to a host of major buyers including Korean battery maker LG Chem, Johnson Matthey and Northvolt, a Swedish company that...
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