LG will cover nearly the entire cost of GM’s Chevy Bolt EV recall

Jon Fingas Contributor Jon Fingas is a contributing writer at Engadget. More posts by this contributor Lyft now lets you pay for your Tinder date’s ride Your iPhone could eventually control your car’s climate and seats GM may be replacing tens of thousands of Bolt EV batteries, but it won’t have to pick up the […]

GM says it will seek reimbursement from LG Chem for $1B Chevy Bolt recall losses

American automaker General Motors expanded its recall of Chevrolet Bolt electric vehicles on Friday due to fire risks from battery manufacturing defects. The automaker said it would seek reimbursement from LG Chem, its battery cell manufacturing partner, for what it expects to be $1 billion worth of losses. Following the news of the recall, the […]

LG Energy Solution inks deal with Australian mining company for nickel and cobalt

South Korea’s LG Energy Solution has entered into a six-year agreement with an Australian mining company for cobalt and nickel, securing a stable supply of key minerals to make electric vehicle batteries. LG Energy, a subsidiary of LG Chem, will purchase 71,000 dry metric tons of nickel and 7,000 dry metric tons of cobalt from […]

Automakers have battery anxiety, so they’re taking control of the supply

Battery joint ventures have become the hot must-have deal for automakers that have set ambitious targets to deliver millions of electric vehicles in the next few years. It’s no longer just about securing a supply of cells. The string of partnerships and joint ventures show that automakers are taking a more active role in the […]