Standardized battery cells benefit both automakers and battery cell makers.
With a third battery cell plant in Europe LG Chem expects to have a global annual production capacity of 260 GWh by 2023.
We now have the confirmation that LG Chem started the trial production of NCM 712 battery cells at its plant in Poland last year.
LG Chem is now on top, partly thanks to Tesla's strong sales in China.
The new Renault ZOE gets a WLTP range up to 395 km (245 miles) from its ZE 50 battery.
NCM 712 battery cells arrived quietly and are already powering electric cars in Europe.
GM revealed its new EV platform and batteries. Moreover, the automaker announced that the next new Chevrolet EV will be a new version of the Bolt EV, launching in late 2020.
Now thanks to a leaked document we have the full specs.
LG Chem not only produces batteries for electric cars, but also motors, inverters and now on-board chargers.
There are two major battery cell makers that promised NCM 811 EV battery cells for 2018. They are SK Innovation and LG Chem. Let's recapture what we already know about it.