Over the last six months, a handful of the world’s top electric-vehicle (EV) manufacturers have issued some of the most costly recalls in auto industry history. Investors are concerned aboutContinue Reading
When the batteries used in the Chevy Bolt first started catching fire, General Motors and its battery supplier, LG Chem, first attributed the problem to a defect in the wayContinue Reading
General Motors (GM) recently had to expand its recall of the Chevy Bolt EV, a popular all-electric subcompact hatchback, to include all models after several fires caused by defects inContinue Reading
Panasonic sold its stake in Tesla at the end of its fiscal year (March) for a whopping 400 billion yen, that’s more than a US$3.6 billion haul for the JapaneseContinue Reading
In 2019, LG Chem filed a complaint with the US International Trade Commission against SK Innovation, claiming SKI stole trade secrets from it and used them to create a batteryContinue Reading
Ford, GM, and Hyundai are all struggling with battery fire issues in their electric and plug-in hybrid cars. A few years ago, battery fires in Tesla automobiles were major frontContinue Reading
South Korea’s LG Chem, an electric car battery supplier plans to separate its battery business into a new company as the electric vehicle market takes off. The move came afterContinue Reading
According to the latest report from SNE Research, during the challenging first seven months of 2020, the global EV battery market amounted to 53.3 GWh, which is 16.8% less than aContinue Reading
