LG Energy Solution (LGES) to Build $5.5bn Battery Plant in Arizona Updated On Mon, Mar 27th, 2023 by Saurenergy LG Energy Solution (LGES) will invest about $ 5.5 billion to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities – one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). LGES said that this […] Read more
Samsung SDI Pumps In $1.3 Billion For Cylindrical Battery Facility In Malaysia Updated On Fri, Jul 22nd, 2022 by Saurenergy Global conglomerate Samsung SDI has announced that it will invest $1.3 billion in setting up of cylindrical battery lines in Malaysia by the end of this decade to realize its ambition to become a global top tier company. A novel ceremony was held for the construction of a second battery production unit in Seremban, Malaysia. […] Read more
BMW EVs Will Shift From Prismatic To Cheaper Cylindrical Battery Cells Updated On Tue, May 31st, 2022 by Saurenergy German Auto major BMW has sealed a deal with CATL, Chinese battery manufacturer, for its future electric cars. BMW will use the cylindrical lithium-ion battery cells for EVs starting in 2025. Its significance lies in the fact that BMW has so far used the prismatic cell format for its EVs. Although the prismatic cells are […] Read more
