POSCO Future M Locks In $4.5B Cathode Pact With Samsung SDI to 2032
The revised 21.25 trillion won agreement swaps high-nickel volume for 380,000 tons of LFP materials to build US-compliant battery…
Seung-min Park covers Korean cell makers and the cathode and separator suppliers behind them, including their plants in North America and Europe.
59 briefings
LG Energy Solution shifts battery output to AI data centers
South Korean battery makers accelerate grid storage production as Nvidia certifies containerized energy systems to cushion sudden…
LG Energy Solution Binds $4.3B Tesla Pact to Grid Storage
The 5.94 trillion won Michigan contract will supply lithium iron phosphate cells for Megapack units from 2027, with no electric…
SK On cuts 40 jobs at Tennessee battery site, delaying output to 2028
The South Korean cell maker reduced staffing at its Stanton facility to roughly 30 workers, deferring commercial production to…
LG Energy Solution shifts ESS tool orders as supplier defaults
The battery maker reallocated module assembly contracts to SYSTEM R&D and HyVISION SYSTEM following a $22.43 million default by…
LG Energy Solution beats profit views on grid battery orders
Operating profit jumped 25.7% to 756 billion won as stationary energy storage lines ran at capacity in North America, more than…
LG Energy Solution secures 240,000 tons of Canadian lithium from Elevra
The four-year binding offtake agreement provides battery feedstock for 700,000 electric vehicles while satisfying United States…
LG Energy Solution pays supplier 10B won for Lansing changes
The battery maker settled a six-month dispute with Jayce Robotics, covering higher tooling costs after modifying prismatic lines…
SK On wins Ford Q1 status for its 30 GWh Hungarian plant
The certification validates defect controls across the site after an audit through mid-2026, anchoring cell deliveries for…
LG Energy Solution signs 46-series battery deal for US vans
The non-binding agreement with startup Indigo Technologies covers deliveries from 2027 to 2030, broadening the South Korean cell…
POSCO Future M signs $4.5B LFP cathode deal with Samsung SDI through 2032
The six-year contract expands Samsung SDI's procurement basket to non-Chinese iron phosphate chemistries while raising aggregate…
EcoPro BM and Samsung SDI agree to co-develop solid-state materials
South Korea's top cathode maker and cell producer sign an agreement to commercialize sulfide-based solid-state batteries by 2027.
LG Energy Solution clarifies $4.3B Tesla energy storage deal
The 5.94 trillion won pact signed in 2025 provides Michigan-made lithium iron phosphate cells for Tesla Megapack 3 units rather…
Korean cathode makers pivot to LMR to halt Chinese LFP gains in EVs
South Korean materials firms accelerate cobalt-free chemistries after non-China market share for domestic cell producers slid…
EcoPro replaces affiliate CEOs to defend margins in EV slump
The South Korean cathode producer named new leadership for its parent firm and core manufacturing units to curb capital spending…
Samsung SDI puts Gen 3 lithium packs in Textron E-Z-GO fleet
The South Korean battery maker expands cylindrical pack shipments to 2027 utility carts as EV demand cools, adding…
LG Energy Solution readies Mercedes cylindrical cell rollout in Poland
The battery maker has committed 157.5 gigawatt-hours of large-format cylindrical capacity to the German automaker across North…
South Korean battery makers prepare sodium-ion lines for energy storage
Cell manufacturers limit early sodium-ion spending to pilot facilities while targeting 2027 prototype shipments to counter…
Samsung SDI and LG Energy double ESS warranties to 20 years in US
The 20-year terms cover containerized grid batteries guaranteeing 70% capacity retention to protect backlogs against Chinese…
LG Energy Solution agrees to supply 46-series battery cells for US vans
The South Korean battery maker signed a pact with Massachusetts startup indiGOtech to explore supplying cylindrical cells for…
SK On orders $118 million in LFP cathodes from L&F for storage
The three-year contract represents 7.51% of L&F's 2025 revenue and supplies converted production lines in South Korea and Georgia…
Korea opens 1,180 MW battery auction to balance power gridMembers
The 7.08 GWh central tender introduces a 25-year contract option in Jeju and tests local cell supply chains at Samsung SDI, SK On…
Ultium Cells to build first prismatic LMR battery line in US
The $1 billion joint venture upgrade in Tennessee pivots LG Energy Solution and General Motors toward high-manganese cells to…
SK On assumes $1.5 billion debt from US battery subsidiary
The transaction transfers 2.028 trillion won in dollar bonds from SK Battery America to the Seoul parent, representing 14.05% of…
POSCO Future M signs $776M LFP cathode supply deal with SK On
The three-year agreement covers battery cells produced at SK On's Georgia plant for North American energy storage systems,…
Samsung SDI debuts cylindrical LFP cells for AI data centers at DCWA
The South Korean cell maker showcased emergency backup power units that passed UL indoor fire testing as hyperscalers demand…
SK On signs 18 GWh US battery storage pact with NeoVolta
The five-year framework converts unallocated EV pouch cell lines in Georgia to lithium iron phosphate stationary storage for…
LG Energy Solution teams with B2U to repurpose used EV packs for US grid
The partnership gives the California developer priority access to second-life cells to build gigawatt-hour stationary systems for…
Samsung SDI clears UL fire safety test for utility LFP battery systems
The containerized SBB 2.0 system demonstrated zero fire propagation in testing, advancing plans to produce cells at its Indiana…
Hyundai tests used EV battery storage on South Korea's grid
A five-company consortium linking retired vehicle packs to industrial chargers targets electricity cost cuts and mineral…