GM and LG Energy Solution push battery innovation with LMR EV cells targeting 400+ miles range and expanded LFP production for energy storage systems in North America.
NextStar Energy opens Canada’s first large-scale EV battery cell factory in Windsor, producing over one million cells since November 2025.
LG Energy Solution takes full control of NextStar Energy as Stellantis sells its stake, strengthening Canada’s EV battery manufacturing and supply chain.
LG Energy Solution has inked a new battery supply agreement worth 2.06 trillion won (about US$1.4 billion) with Mercedes-Benz, marking the fourth major with German luxury automaker in just two years.
Ultium Cells will upgrade its Spring Hill, Tennessee battery cell manufacturing facility to scale production of low-cost lithium iron phosphate battery cells, building on a $2.3 billion investment announced in 2021.
South Korean companies LG Electronics and Kia announced a partnership to collaborate on the implementation of mobility space solutions based on PBV technology.