Tag: Solution

LG Energy Solution and Toyota Sign Long-term Battery Supply Agreement to Power Electric Vehicles in the U.S. – Two global leaders join forces to drive the future growth of battery electric vehicles in the U.S.– LG Energy Solution to supply Toyota with 20GWh of high-nickel NCMA battery modules annually from 2025.– Modules produced in LG Energy Solution’s Michigan facility to be used to power a new BEV model assembled in North America, at Toyota Motor Manufacturing Kentucky, among others. LG Energy Solution (KRX: 373220) and Toyota Motor North America, Inc. (Toyota) today announced that they have signed a supply agreement ... Read more

 FDB Panel Fittings are pleased to present a new visible 2D adjustable hinge for nested doors from sales partner Dirak which is designed to save time and simplify correct alignment of larger doors in order to achieve correct aesthetics and optimum sealing. This new 2D hinge is a lightweight construction variant made of powder coated aluminium. It is based on the existing zinc die 3D hinge and offers ±2 mm adjustment capability in vertical and horizontal planes. Thanks to the properties of its fine-structure powder coat the hinge is also suitable for use outdoors. At the design/development stages attention was ... Read more

Honda and LG Energy Solution (LGES; KRX: 373220) today held the official groundbreaking ceremony for a new joint venture EV battery plant over 2 million square feet in size, to be located in Fayette County, near Jeffersonville, Ohio. The two companies have committed to invest $3.5 billion in the new joint venture (JV) facility, with their overall investment projected to reach $4.4 billion. The facility is scheduled to be completed by the end of 2024, with plans to create 2,200 jobs, and the aim for approximately 40GWh of annual production capacity. The JV company will deliver lithium-ion batteries with cutting-edge ... Read more

LG Energy Solution (LGES; KRX: 373220) and Honda Motor Co., Ltd. (Honda) today announced the formal establishment of the joint venture (JV) which will produce lithium-ion batteries for electric vehicles (EV) produced by Honda. The JV will begin construction of a new battery plant early this year with the goal of completion by the end of 2024 and starting mass production of advanced lithium-ion battery cells by the end of 2025. The plant aims to have an annual production capacity of approximately 40GWh. All batteries produced by the new JV will be supplied exclusively to Honda plants in North America ... Read more

Digital connectivity is a key factor for overall growth across discrete sectors. The fast-paced life seems to be on hold in the absence of digital connectivity. The way India is emerging globally as a digital economy, it becomes necessary to have seamless internet connectivity across all geographical areas. It does not only help in e-governance, transparency, ease of doing business but also leads to socio-economic development of citizens especially in rural areas. Keeping the principle of ‘Antyodaya’ as its core guiding force, and the vision of the Hon’ble Prime Minister. The Govt. of India aims ... Read more