GM, LGES to supply LFP batteries from Spring Hill plant to energy storage customers 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, which first opened in 2024, previously made nickel-...

News  Updated at: 2026/03/18

hin the agreement allow for a potential seven-year extension, which could see LGES supplying Tesla through 2037. Also confirmed for the first time is that the batteries LGES will supply are destined for a new Tesla Megafactory in Houston, Texas, which will produce Megapack 3 energy storage systems (ESS) as does its first Megafactory in Lathrop, California. Tesla's Megapack 3, unveiled in September 2025, offers 5 MWh of capacity, a 28% increase ov...

News  Updated at: 2026/03/18

Arkema, France, showcases innovative materials at Interbattery 2026, Korea On March 4, Arkema announced that it will showcase its unique portfolio of solutions and innovations for electric vehicle (EV) and energy storage system (ESS) battery systems at Interbattery 2026, in Seoul, Korea. For LFP technology, it has developed new PVDF grades, Kynar HSV 1200 and HSV 1400, engineered to deliver improved adhesion, lower binder loading, and higher acti...

News  Updated at: 2026/03/13

d 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 systems (ESS). The company is positioning itself as Canada’s leading provider of battery cells to power everything from AI data centers to municipal and prov...

News  Updated at: 2026/03/10

ended production at the Rouge Electric Vehicle Center in Dearborn, Michigan in December 2025.  The job cuts come just months after the December dissolution of SK’s USD 11.4 billion battery joint venture with Ford, which left SK with a KRW 3.7 trillion (USD 2.6 billion) asset impairment and a Tennessee plant not expected to begin production until 2028. As the U.S. market has retreated from EVs following governmental policy changes, SK Battery A...

News  Updated at: 2026/03/10

trillion (~USD 4.3 billion) battery supply agreement running from August 2027 to July 2030. While the company did not name the customer, industry sources pointed to Tesla as the buyer. LG Energy Solution is converting part of the Lansing factory to produce LFP batteries for energy storage systems (ESS), such as Tesla’s Megapacks. Equipment orders for the new lines have already been placed, and mass production at the 50 GWh/year plant is expect...

News  Updated at: 2026/02/28

g ceremony to mark the completion of Phase II of its Malaysia plant, attended by company executives and officials from Kedah and the Malaysian Investment Development Authority (MIDA). The MYR 6.8 billion Phase II expansion advances production into lithium battery systems and energy storage systems (ESS) and is expected to create over 1,000 high-value jobs. As EVE Energy’s first manufacturing base outside China, the facility strengthens Malaysia...

News  Updated at: 2026/02/27

retardant material developed by Denka, with a cushion material that has applied the rubber product manufacturing technology of its subsidiary, Denka Elastlution Co., Ltd. (Takasaki City, Gunma Prefecture). The company aims for adoption in automotive batteries and stationary energy storage systems (ESS). The cushion material protects batteries by responding to the expansion and shrinkage of cells. The new heat insulation material, which has adopt...

News  Updated at: 2026/02/26

announced that LG Energy Solution will acquire full ownership of NextStar Energy, with Stellantis remaining a committed customer. Under the new ownership structure, NextStar Energy will leverage LG Energy Solution’s expertise to serve a broader customer base, including the Energy Storage System (ESS) industry, and pursue other future growth opportunities. Production of ESS battery cells will continue accelerating through 2026. (LG Energy Solut...

News  Updated at: 2026/02/14

joint venture structure formed in 2022 to build Canada’s first large-scale battery manufacturing facility in Windsor, Ontario. The ownership transition reflects a mutual, strategic decision by LG Energy Solution and Stellantis, informed by the NextStar Energy’s leadership team to ensure a seamless transition and strengthen long-term growth. Stellantis will remain a committed customer and continue to source battery products from NextStar Ener...

News  Updated at: 2026/02/07

ture technological development.According to Huawei, high-quality development has become a must for ultra-fast-charging infrastructure, driving the large-scale upgrade of legacy charging devices to meet the energy demand of different vehicle models.Ultra-fast-charging vehicle models, once premium necessities, will be embraced by everyone. The extensive application of third-generation power semiconductor materials and high-C-rate power batteries wi...

News  Updated at: 2026/01/27

d as a joint venture with Toyota Tsusho Corporation (Toyota Tsusho), Toyota will postpone plans to produce electric vehicle (EV) batteries while expanding the production system for hybrid vehicle (HV) batteries. The company is also considering producing storage batteries for energy storage systems (ESS) such as data centers. Panasonic Energy Co., Ltd. (Panasonic Energy) also plans to produce ESS batteries at its automotive battery plant in Kansas...

News  Updated at: 2026/01/27

g-si to construct a new lithium ferro-phosphate (LFP) cathode material plant. From 2026 to 2030, the company will invest Korean won (KRW) 500 billion (JPY 55 billion) to gradually establish a production base in Pohang for LFP cathode materials for electric vehicles (EVs) and energy storage systems (ESS). The construction launch is scheduled for May 2026 to set up a mass production system for LFP cathode materials as the first-phase investment. Mo...

News  Updated at: 2026/01/26

LG Energy Solution operating loss in Q4 reduced by AMPC tax credit in U.S. 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 225 billion loss reported in Q4 2024. Q4 sales revenue decl...

News  Updated at: 2026/01/15

NE Research views the current situation and outlook as follows. By the end of 2025, the global electric vehicle (EV) battery market continued to grow, but the center of gravity of that growth became increasingly concentrated in China. As the expansion of domestic adoption and price competition progressed simultaneously within China, an LFP-centered trend spread globally, while Chinese battery manufacturers strengthened their influence through ove...

News  Updated at: 2026/01/07

e second half of 2026. Production capacity will initially be 25,000 tons per year, gradually expanding to a maximum of 63,000 tons depending on market demand. Mass production is expected to begin in 2027. The Canadian plant is expected to benefit from the surge in demand for Energy Storage Systems (ESS) and ESS-related battery copper foil in the North American market. (Volta Energy Solutions Canada release on December 15, 2025) ...

News  Updated at: 2025/12/20

Samsung SDI America wins USD 1.36 billion ESS battery deal On December 10, Samsung SDI announced it will start supplying prismatic lithium iron phosphate (LFP) batteries for installation of energy storage systems (ESS) in the U.S. The company’s Michigan-based subsidiary, Samsung SDI America, recently signed a deal with a U.S. customer to supply LFP cells for ESS over three years starting from 2027. The value of this contract exceeds KRW 2 trill...

News  Updated at: 2025/12/11

Samsung SDI in talks to supply Tesla with USD 2.1 billion of ESS batteries Samsung SDI is reported by Korean media to be in talks to supply Tesla (TSLA) with more than KRW 3 trillion (USD 2.1 billion) worth of ESS (Energy Storage System) batteries over three years. As Tesla scales its Megapack and Megablock energy business, Samsung SDI would supply the cells. Production of the batteries would reportedly take place at Samsung SDI’s joint venture...

News  Updated at: 2025/11/04

NextStar Energy reported to initially begin with ESS battery output at Windsor plant, Canada On November 3, it was reported that NextStar Energy, a joint venture between Stellantis and LG Energy Solution, says it will produce energy storage system (ESS) batteries at its new plant in Windsor, Ontario when production starts in coming weeks, rather than batteries for electric vehicles (EVs) as originally planned. “Initially, we planned to start pr...

News  Updated at: 2025/11/04

Thai BOI announces new incentives to boost production of high-density battery for EVs Announced on October 17, 2025, the Thailand Board of Investment (BOI) has introduced new incentives aimed at boosting domestic production of essential materials used in high-density batteries for electric vehicles (EVs) and energy storage systems (ESS). This initiative builds on earlier efforts to reinforce Thailand’s position in the global EV and battery supp...

News  Updated at: 2025/10/20