LG Chem Ltd. News

South Korean Battery Firms to Shoulder $1.2B of GM’s Bolt EV Recall Costs

SEOUL — South Korean battery firms LG Chem Ltd and LG Electronics Inc will be shouldering a combined $1.2 billion for General Motors Co’s Bolt electric vehicle recall – the lion’s share of the expected costs. GM in August expanded …

Report on Electric Storage Explosion Highlights Danger of a Growing Technology

An investigation into the cause of an explosion at an Arizona energy storage facility that injured four firefighters confirms what engineers had feared: Packing lithium-ion batteries tightly together can spark a chain reaction that can cause catastrophic damage and endanger …

At Least Eleven Dead, Thousands Evacuated in India Gas Leak

A gas leak at an LG Chem Ltd. polymer plant in southern India has killed at least 11 people and forced the evacuation of thousands in the city of Visakhapatnam after the company tried to restart operations following the partial …