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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

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Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. each will submit applications to the Korea RE100 Committee later this month.

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LG battery manufacturing sites to run on 100% renewable energy by 2025

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LG Energy Solution (LGES)—the company’s dedicated cell subsidiary—plans to use 100% renewable energy in all its battery manufacturing plants worldwide by 2025. The initiative is called RE100 or “Renewable Electricity 100%”. LGES has set ambitious goals to reach 100% renewable energy. Global Operations of LGES.

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LG Chem to invest $3.2B to build NCMA cathode plant in Tennessee; 120,000 tpa

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In addition to the benefits realized by investing in manufacturing on US soil, LG Chem envisions the Tennessee site being the supply chain hub where material and recycling partners work together to supply global customers.

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Airbus and Linde to cooperate on hydrogen infrastructure for airports

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The agreement follows a cooperation agreement signed in Singapore in February and covers collaboration on global supply chains for hydrogen, from production to airport storage, including the integration of refuelling into normal ground handling operations.

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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).

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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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With the battery manufacturing plant located in Windsor, Ontario, home to Canada’s largest automotive cluster, Stellantis and LGES expect the plant to serve as a catalyst for the establishment of a strong battery supply chain in the region. million high-performance electric vehicles. billion (USD) into battery facilities in North America.

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram.

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