Honda (HMC) recalls over 300,000 vehicles as side-view mirrors may fall off

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LG Energy in talks with Toyota (TM) to supply EV batteries

March 24, 2023 2:16 PM EDT

LG Energy CEO Kwon Young Soo announced Friday that the South Korean battery giant has entered into talks with Toyota Motors (NYSE: TM) in the hopes of supplying the automaker with EV batteries.

When asked about the negotiation progress with... More

LG revives Arizona battery factory with $5.6b investment

March 24, 2023 2:00 PM EDT

LG Energy Solutions, the worlds third-ranked electric vehicle battery maker, announced Friday that the company will resume a stalled U.S. battery project with a $5.6 billion investment in Arizona to qualify for federal incentives rolled out under the Inflation Reduction Act (IRA).

The battery maker said in June it was reassessing what was then a 1.7 trillion won ($1.3 billion) investment plan because of "unprecedented" economic conditions, just three months after it was... More