The facility, L-H Battery Company, is part of Honda and LG Energy’s joint venture in the US. Honda and LG announced in October 2022 plans to invest up to $4.4 billion to establish the “Honda EV Hub” ...

SEOUL, Dec 26 (Reuters) - South Korean battery maker LG Energy Solution (LGES) (373220.KS), opens new tab has cancelled a 3.9 trillion won ($2.7 billion) contract with Freudenberg Battery Power ...

Honda Motor Co. will buy out LG Energy Solution Ltd.’s facilities and other assets from their joint battery plant in Ohio for about 4.2 trillion won ($2.9 billion) as America’s pullback in electric ...

Ford has cancelled a $6.5 billion EV battery contract with South Korea’s LG Energy Solution. Ford cancelled a $6.5 billion EV battery deal with LG Energy Solution. The move reflects Ford's shift to ...

SEOUL, Dec 17 (Reuters) - South Korea's LG Energy Solution (373220.KS), opens new tab said on Wednesday that Ford Motor (F.N), opens new tab has terminated an electric vehicle (EV) battery-supply deal ...

DOE will cut the $9.6B loan to Ford and SK Innovation following the breakup of their EV battery joint venture. SK On will take control of the Tennessee plant, and Ford will assume both Kentucky plants ...

The Kia EV9 electric three-row SUV is many things: surprisingly quick, a comfortable highway cruiser and a capable family hauler around town. With its vehicle-to-load, or V2L, capability, it can also ...

Fortress Power has unveiled a modular, stackable and VPP-ready energy storage system for the residential market — eForce. With its robust all-weather design and user-friendly features, each eForce LFP ...

Fortress Power unveiled its new residential lithium-iron-phosphate residential energy storage system designed for residential projects. The battery is built with independent modular units offering 9.6 ...

Ford and South Korean battery manufacturer SK On are getting a huge $9.63 billion loan from the U.S. Department of Energy to build three battery manufacturing plants in Tennessee and Kentucky for ...