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LG Chem

LG Chem, Siemens plan closer cooperation on battery storage system

Mon, 11/24/2014 - 12:06 -- Gerry Woolf
LG Chem and Siemens plan cooperation

South Korea's LG Chem and Siemens have agreed to collaborate more closely on development and marketing of industrial battery energy storage systems (ESS).

The two companies signed a preliminary deal at Siemens' German headquarters in Erlangen, Bayern to cooperate on several major ESS projects over the next few years.

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LG Chem and SK Innovation drop lawsuit

Fri, 11/07/2014 - 09:36 -- Laura Varriale
LG Chem and SK Innovation reach agreement

EV battery producers LG Chem and SK Innovation have withdrawn their patent lawsuit in the US and South Korea about inorganic material-coated separators.

The two companies agreed to not file any lawsuits over patents or seek damages for the next 10 years in Korea or overseas and cooperate in the electric vehicle battery business.

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Southern California Edison commissions 32MWh lithium energy storage system

Thu, 09/25/2014 - 14:08 -- Editor
Tehachapi

Southern California Edison (SCE) commissioned the largest lithium-ion battery storage system in North America on 24 September at its Monolith substation in Tehachapi, California.

The utility plans on running the 8MW/32MWh facility for the next two year to test the performance of the batteries in real-world conditions. It will also test how to automate and integrate the operations of the storage facility and its power onto the grid.

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Audi to introduce 48V electrical system to future cars

Thu, 08/28/2014 - 14:53 -- Laura Varriale
Audi RS 5 TDI concept

German carmaker Audi is to introduce a dual 12V/48V electrical architecture to future ICE (internal combustion engine) vehicles.

The 48V system features a lithium-ion battery and a DC/DC converter to integrate the 12V electrical system. The alternator achieves an energy recovery output of 10kW, adding up to a saving of up to 10g/km CO2, according to Audi.

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LG Chem to supply li-ion batteries to Audi

Wed, 08/27/2014 - 13:50 -- Laura Varriale
LG Chem plant in Ochang, South Korea

Korean battery maker LG Chem has struck a deal with German automaker Audi to supply lithium-ion batteries for its next generation hybrid vehicles.

The 48V batteries will be used in Audi’s new plug-in hybrid and micro-hybrid vehicles. The lithium-ion batteries are to replace currently integrated 12V lead-acid batteries.

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Lithium battery prices down 30% in Asia - report

Fri, 08/08/2014 - 12:25 -- Editor
lithium batteries

The price of lithium-ion batteries for electric vehicles and energy storage systems (ESS) have fallen by a third in the past year, according to a report by Korea’s Electronic Times.

It reports the price of mid-to-large lithium-ion secondary battery cells dropped from $500-600/kWh last year to $350/kWh. In South Korea, said to be less competitive than the global market, batteries are traded at $400-500/kWh.

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LG Chem develops 48V li-ion battery for Hyundai

Fri, 08/01/2014 - 10:22 -- Laura Varriale
Hyundai EV

Korean LG Chem has developed a 48V lithium-ion electric vehicle (EV) battery for car manufacturer Hyundai.

The battery is exclusively designed for Hyundai’s upcoming EV models, a source told Korea Times. The lithium-based battery will replace the 12V lead-acid battery currently integrated in the car maker’s electric sport utility vehicles. A new EV model is set to come out in 2017, Korea Times reported.

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Polypore legals put a brake on LG

Thu, 07/24/2014 - 14:40 -- Laura Varriale

Polypore has won an injunction against LG Chem preventing the Korean company from producing batteries containing its own version of ceramic coated separators.

Polypore’s subsidiary Celgard claims that LG Chem is infringing Celgard’s patent on ceramic-coated lithium-ion separators. The company has requested a preliminary injunction to prohibit the importation or sale of lithium-ion batteries in the US that contain LG Chem’s lithium-ion separators.

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LG Chem to build EV lithium battery plant in Nanjing

Fri, 07/04/2014 - 14:40 -- Editor
LG Chem

LG Chem is to build a factory for the production of lithium-ion batteries for electric vehicles in Nanjing, Jiangsu province, China.

Officials from the South Korean battery maker and Nanjing signed an agreement in Seoul, ahead of Chinese President Xi Jinping’s state visit to Korea.

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LG Chem to extend car battery capacity

Mon, 06/02/2014 - 16:42 -- Laura Varriale
Renault EV

South Korean car battery manufacturer LG Chem is planning to expand its battery production after experts said the demand of electric vehicles (EV) will start to gain market traction in 2016.

The company should come to a final decision in three to four months. “We are seriously considering investing in expanding our EV battery production”, said LG Chem president and head of its battery unit, Kwon Yong-soo. There are no further details regarding how much the manufacturer wants to increase the production or where the expansion will take place.

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