Remove Batteries Remove Building Remove Energy Storage Remove Ohio
article thumbnail

Foxconn brings EV battery production to two U.S. states

Teslarati

Foxconn, the iPhone manufacturer that bailed out Lordstown Motors from bankruptcy, announced that it would build electric vehicle batteries in Wisconsin and Ohio on Thursday, hoping to take advantage of the Inflation Reduction Act that incentivizes domestic cell manufacturing. The sale was finalized in May 2022.

Wisconsin 108
article thumbnail

LG Energy Solution to invest $4.5B+ in own US battery business by 2025, expanding capacity by 70GWh; possible new JV plant with GM

Green Car Congress

LG Energy Solution will invest more than $4.5 business to expand its battery production capacity. In addition to the Green Field Project, LG Energy Solution and GM are currently discussing plans to build a second joint venture plant in the US, which will even further increase its cell production capacity.

GM 305
article thumbnail

GM reveals new Ultium batteries and flexible global platform for rapid growth of EV lineup

Green Car Congress

The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. GM’s all-new modular platform and battery system, Ultium. GM’s joint venture with LG Chem to develop and mass produce battery cells will drive cell costs below $100 per kWh.

GM 362
article thumbnail

LG Energy Solution in “active discussions” with Tesla for battery supply from AZ plant

Teslarati

LG Energy Solution (LGES) noted on Friday that it is currently engaged in “active discussions” with Tesla and other electric vehicle companies to provide batteries from its planned factory in Arizona. The battery supplier’s comments were shared in a conference call. The battery maker posted KRW 25.6 trillion (USD20.7

Supplies 126
article thumbnail

DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

Green Car Congress

The US Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems. The selected projects include advanced battery systems (including flow batteries), flywheels, and compressed air energy systems.

article thumbnail

Johnson Controls partners with UW-Madison on battery lab

Green Car Congress

Johnson Controls is partnering with the University of Wisconsin-Madison to establish a new battery laboratory at the Wisconsin Energy Institute on the campus. The research is intended to enable manufacturers to build systems that utilize battery power more efficiently.

Milwaukee 210
article thumbnail

Ohio Third Frontier Advanced Energy Program Recommends Nearly $7.2M in Funding for 6 Projects; 3 Li-ion Awards

Green Car Congress

The Ohio Third Frontier Advanced Energy Program recently recommended nearly $7.2 The Ohio Third Frontier Advanced Energy Program supports research and development that addresses the technical and cost barriers to commercialization of advanced energy components and systems, with preference to wind, biomass, and energy storage in Ohio.

Li-ion 218