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Ford, LG Energy Solution, Koç Holding to form JV to build battery gigafactory in Turkey

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Ford Motor Company, LG Energy Solution and Koç Holding signed a non-binding memorandum of understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create one of Europe’s largest commercial electric vehicle battery cell facilities near Ankara, Turkey.

Turkey 334
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EIB and Umicore conclude €125M loan for EV battery materials production in Poland

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The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. In March this year, the EIB signed a €480 million loan with LG-Chem Wroclaw Energy.

Poland 243
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Mercedes-Benz Cars to build battery factory in Jawor, Poland; ninth in its global network

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Mercedes-Benz Cars will build a battery factory at the site in Jawor, Poland, and thus extend its global battery production network to nine factories. After the production of high-tech engines, we will establish additional future technology in Poland. Global battery production network.

Poland 249
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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

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Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. They include enclosure, heat management and other balance of system.

Energy 199
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Vulcan Energy signs binding offtake agreement with LG Energy for lithium hydroxide

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Vulcan Energy Resources, the company developing Zero Carbon Lithium projects to produce both renewable geothermal energy and lithium hydroxide for electric vehicles from the same deep brine source in the Upper Rhine Valley, Germany, has signed a binding lithium hydroxide offtake agreement with LG Energy Solution (LGES).

Energy 150
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Stellantis and LG Energy Solution to invest > $5B CAD in JV for 45 GWh gigafactory in Canada

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and LG Energy Solution (LGES) have executed binding, definitive agreements to establish the first large-scale, domestic, electric-vehicle battery manufacturing facility in Canada. billion USD) to establish operations, which will include an all-new battery manufacturing plant located in Windsor, Ontario, Canada. Stellantis N.V.

Canada 199
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LG Energy Solution invests in NCMA & LFP batteries to strengthen its portfolio

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LG Energy Solution (LGES) is planning to invest in NCMA (nickel-cobalt-manganese, aluminum) and LFP (lithium-iron-phosphate) batteries to strengthen its portfolio. LG Energy Solution investing in U.S. The battery manufacturer warned of global economic uncertainties that might affect electric vehicle sales.

Energy 79