Korea LG: Worst recall in EV history: Safety of LG Batteries
-Increasing anxiety about LG Chem and manufacturing technology-
LG Chem Battery Safety:
It is also possible that more US companies will switch battery procurement from LG Chem to other companies.
LG Chem
With a great sense of crisis
Investigate the cause of ignition and improve battery safety,
Must be realized.
Chevrolet Bolt EV Recall:
LG Chem’s battery safety is a concern.
Battery demand in the consumer sector:
Demand for batteries is stronger in the consumer field such as personal computers than in-vehicle batteries.
LG Chem is a major supplier:
LG Chem
Portable chargers and
PC, smartphone,
Smart watch,
Consumer sector battery,
In addition, it is a major supplier of storage batteries for energy storage.
US Biden Administration:
It intends to support the construction of a battery plant in the United States by making automobiles EV and decarbonizing.
In the future, the Biden administration is likely to ask allies for direct investment in order to strengthen battery production.
Government of Japan Supports US:
LG Chem is the world’s second largest in-vehicle battery manufacturer.
Uncertainty about LG Chem’s basic manufacturing technology means expanding business opportunities for Japanese manufacturers.
It is important to clearly convey the superiority of Japan’s battery manufacturing technology to the US government and industry.
PRESIDENT Online
https://president.jp/articles/-/49347?page=3
Controversy Brewing over Safety of LG Batteries
Bloomberg called LG Energy Solution’s battery safety into question
with respect to Hyundai Motor’s plan
to build a joint battery plant with LG Energy Solution in Indonesia.It noted that only a few researchers and investors
have asked basic questions about LG’s battery technology and product quality and reasons why Hyundai Motor has chosen LG as its partner.
LG Energy Solution
may face a worse situation, as a fire recently broke out in a Volkswagen ID. 3 and a Jaguar I-Pace, which were loaded with the batteries it supplied.
The Financial Times noted that the battery manufacturers that
U.S. automakers can choose are
LG Energy Solution,
Samsung SDI,
Panasonic,
and CATL,which all have battery fire records.
On this ground, it said the concerns about LG Energy Solution are excessive.
Businesskorea
http://www.businesskorea.co.kr/news/articleView.html?idxno=75205