Ultium Cells LLC will rehire about 700 workers who were temporarily laid off in January at its Spring Hill, Tennessee, plant to start production of lithium iron phosphate (LFP) cells, for grid and data center customers in April, according to Tom Gallagher, vice president of operations for Ultium Cells.
The plant, whi

The U.S. Department of the Interior has confirmed Tesla as the customer behind a USD 4.3 billion battery supply agreement that LG Energy Solution disclosed in July 2025 without naming the party involved. The contract is set to begin on August 1, 2027, and run through July 31, 2030. Provisions within the agreement all

LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that it held a completion ceremony for the NextStar Energy Factory located in Windsor, Ontario, Canada. The new plant has a floor space of approximately 390,000 square meters, and its primary products are bat

LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., has developed a high-capacity all-solid-state battery technology that utilizes sulfur as a cathode material through the Frontier Research Lab (FRL), jointly operated with the University of California, San Diego (UC San

LG Energy Solution Ltd. announced that it will participate in InterBattery 2026, to be held in Seoul Special City from March 11 to 13, to introduce its next-generation battery solutions. This time, the company will unveil next-generation lithium-manganese-rich (LMR) batteries, which it is jointly developing with GM K

On March 5, NextStar Energy held the grand opening of its state-of-the-art facility in Windsor, Ontario, a milestone moment for Canada’s first and only commercial-scale advanced battery manufacturing company. 
More than an EV battery producer, NextStar Energy is manufacturing battery cells for next-gen energy storage

On March 6, SNE Research announced monthly power battery data for global electric vehicles (BEV, PHEV, HEV) sold in January 2026.
In January, the global battery installation increased 10.7% to 71.9 GWh. By national origin among top 10 suppliers, Chinese manufacturers accounted for 73.3% of sales, followed by Korean m

Several South Korean media sources reported that LG Energy Solution Ltd. (LG Energy Solution) will commercialize graphite-based all-solid-state batteries for electric vehicles (EVs) by 2029, using its dry electrode technology. Graphite-based all-solid-state batteries use conventional graphite anode materials and repo

Tesla is reported to have signed a significant supply agreement with LG Energy Solution (LGES) for lithium iron phosphate (LFP) batteries to be produced at LGES’s Lansing, Michigan facility, the former Ultium Cells 3 plant operated as a joint venture with General Motors. LGES acquired GM’s stake in May 2025 and now f

On February 12, NextStar Energy announced the production of its one-millionth battery cell at the company’s CAD 5 billion manufacturing plant in Windsor, Canada, marking the company’s rapid growth. Now having 1,300 employees, the NextStar Energy plant began commercial cell production in November 2025.
It was recently

On February 6, LG Energy Solution, Stellantis, and NextStar Energy announced that LG Energy Solution will acquire full ownership of NextStar Energy, with Stellantis selling its 49% equity stake to LG Energy Solution. The move will end the joint venture structure formed in 2022 to build Canada’s first large-scale batt

On January 9, LG Energy Solution (LGES) announced preliminary results for Q4 2025 showing significant losses amid weak demand for EVs and cancelled or reduced contracts with OEMs. LGES estimates that it incurred an operating loss of KRW 122 billion (USD 83 million) during the quarter, though less than half the KRW 22

Several South Korean media sources reported that LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., had canceled its battery supply contract with Freudenberg Battery Power Systems (FBPS), a US-based battery pack manufacturer, as of December 26, 2025. The contract perio

On December 24, South Korea’s LG Energy Solution (LGES) said in a regulatory filing that it is selling a factory building and assets in Jeffersonville, Ohio to Honda Development and Manufacturing of America.
The planned USD 2.86 billion deal excludes land and equipment, and is meant to "improve joint venture operatio

LG Energy Solution Ltd. (LG Energy Solution), an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd. (LG Chem), announced that Ford Motor Company notified the company that the automaker will terminate an electric vehicle (EV) battery supply contract.
LG Energy Solution signed contracts with Ford in

On December 16, LG Energy Solution (LGES) announced in a regulatory filing that Ford Motor has terminated its long-term EV battery supply agreement, citing changes in the policy environment and weakening demand for EV.
Under contracts signed in October 2024, LG Energy Solution was to supply 34 GWh of batteries to Fo

On December 8, multiple media reported that LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., has secured a USD 1.4 billion battery order from Mercedes-Benz for a seven-year supply deal running between March 2028 and June 2035.
Under the agreement, LG Energy Solution

On December 1, multiple sources reported that GO Enerji (GOEN) is planning a battery plant in Ankara with LG Energy Solution.
The project will see an initial investment of EUR 45 million. The plant will start production in the second quarter of 2026. Initially, it will have a production capacity of 2.5 GWh. It will c

On November 13, the European Commission approved a new joint venture between Toyota Tsusho America (TAI) from US, part of Toyota Motor Corporation, and LG Energy Solution Michigan (LGESMI), part of LG Chem from Korea.
The joint venture will focus on developing, collecting, and recycling large-scale batteries.
The Com

LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that its battery life management solution, Better.Re, had won a CES 2026 Innovation Award in the Vehicle Tech & Advanced Mobility category from the Consumer Technology Association (CTA). This solution was dev