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By Teresa De Alba - Wed, 12/24/2025 - 13:05
Ford canceled a roughly US$6.5 billion EV battery supply deal with LG Energy Solution as it scales back electric vehicle plans amid softer demand
https://mexicobusiness.news/tag/lg-energy-solution
More Automotive
By MBN Staff - Thu, 10/30/2025 - 17:53
GM plans 1,750 US job cuts and slower EV production after tax credit ends; UAW criticizes move despite US$13 billion profit forecast
By MBN Staff - Wed, 07/16/2025 - 17:25
Ultium Cells will upgrade its Tennessee plant to produce LFP EV batteries, cutting costs by eliminating pricey cobalt and nickel in cell production
By Raul Moreno - Tue, 07/01/2025 - 13:30
The global EV battery race is a geostrategic battle. China leads, while the EU and US are striving to catch up, writes Raul Moreno.
By Paloma Duran - Wed, 05/28/2025 - 06:29
The rise of LFP batteries is transforming the energy storage market, driving down demand and prices for nickel and cobalt.
By MBN Staff - Wed, 05/14/2025 - 15:29
GM is developing LMR battery tech for electric trucks and SUVs like the Silverado and Escalade IQ, aiming for commercial production by 2028
By MBN Staff - Fri, 08/16/2024 - 14:37
South Korea now requires EV manufacturers to disclose battery suppliers after a fire incident earlier this month
By Óscar Goytia - Fri, 02/23/2024 - 13:21
Mercedes-Benz has signaled a departure from its earlier focus on an exclusively electric future
By Antonio Gozain - Tue, 06/21/2022 - 16:45
The world’s fourth largest automaker continues investing to achieve best-in-class EV performance and advance autonomous driving technology.
