The Latest Breaking News from LGES

According to Bloomberg's sources, Honda Motor Co. and LG Energy Solution are looking for a site for a new, joint venture battery plant in the Midwest.

LG Chem's LG Energy Solution expand its battery offer by LFP lithium-ion chemistry, which is gaining popularity as the most cost-effective.

LG Chem's LG Energy Solution announced a 1.7 trillion KRW ($1.39 billion) investment in a new factory for cylindrical batteries in Arizona.

Stellantis and LG Energy Solution officially announced an over $5 billion CAD ($4.1 billion USD) investment in a battery gigafactory joint venture in Canada.

South Korea's LG Energy Solution, which counts Tesla Inc (NASDAQ: TSLA) and Lucid Group Inc (NASDAQ: 

LG Chem's LG Energy Solution (LGES) will invest $1.7 billion into its existing lithium-ion battery cell plant in Holland, Michigan, which was built in 2010.

The rumors about a new battery gigafactory in Canada appear to be true, as LG Chem's LG Energy Solution revealed a few details in a regulatory filing.

Stellantis NV (NYSE:STLA), Mercedes-Benz Group AG (OTC:DMLRY), and TotalEnergies SE (NYSE:TTE) joint venture Automotive Cells Company looked to build an EV battery plant in Italy. The plant would involve an investment of over €7 billion, Reuters reports The partners aimed to increase its industrial capacity to at least 120-gigawatt hours (GWh) by 2030. ACC looked to produce batteries…

According to Reuters, LGES in its "stellar stock debut" becomes the #2 most valuable company in South Korea.