Tag Archives: lithium-ion battery plant

LG Chem in Talks with Iranian Automaker to Supply Battery Cells

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Iran Khodro Co., an automaker based in Tehran, is reportedly in discussions with LG Chem to provide battery cells for its upcoming plug-in electrified vehicles (PEVs). Iran Khodro’s CEO Hashem Yekke-Zare, says that “negotiations are underway” and that a deal may be struck as soon as this fall. Iran Khodro plans to produce 60,000 PEVs by 2023, and LG Chem

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VW May Pick China for first EV Battery Plant

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China may be the first country where Volkswagen Group could invest billions in one or more plants to manufacture electric-vehicle batteries, a source close to senior management said, citing the Chinese government’s determined support for EVs. The German automaker anticipates it will sell 2 million to 3 million battery-electric cars and plug-in hybrids a year at that point, after previously

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