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Industry
L&F Plus ships first trial output from South Korea\'s first LFP cathode mass production line
South Korea\'s LFP cathode supply chain is moving toward full operation following its first shipment, L&F said. Its wholly owned unit L&F Plus shipped trial-production output made on the country\'s first LFP cathode mass production line on July 31. The company plans to begin full-scale mass production by the end of the third quarter after customer evaluations and process stabilisation. L&F Plus is expanding its customer base, including deals with Samsung SDI and U.S. battery company CoreShell Technology.
Industry
L&F signs LFP cathode supply deal with U.S. defense battery firm Coreshell
South Korean cathode materials maker L&F said on Tuesday it signed a mid- to long-term supply contract for lithium iron phosphate (LFP) cathode material with U.S. battery technology company Coreshell Technologies. L&F said it has a non-China LFP supply chain that meets requirements including OBBB and the U.S. National Defense Authorization Act. It said the deal expands LFP applications from energy storage systems to mobility and defense.
Mobility
Ford begins first U.S. production of LFP battery cells, to fit in $30,000 electric pickup in 2027
Ford has begun producing lithium iron phosphate (LFP) battery cells in the United States as it steps up efforts to target the mass-market electric vehicle segment. The company produced its first LFP cells at its BlueOval Battery Park in Michigan, with plans to use them in a mid-size electric pickup priced in the $30,000 range due in 2027. Ford licensed technology and manufacturing processes from China’s CATL and also plans to use the batteries in energy storage systems.
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Industry
EcoPro BM ships first cathode materials to European OEM from Hungary plant
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Industry
Posco Future M breaks ground on dedicated LFP cathode plant
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Industry
L&F completes LFP-dedicated subsidiary plant, mass production to start in Q3
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Industry
L&F posts 118.9 billion won Q1 operating profit, returns to profit
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Industry
Battery industry profit recovery comes into view as lithium prices rise
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Industry
Samsung SDI, Mercedes-Benz sign multi-year deal for high-nickel batteries
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Mobility
China\'s FAW first to fit semi-solid battery in EVs, range tops 1,000 km
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Industry
Tesla Model 3 seen entering 30 million won range in South Korea; FSD shifts to monthly subscription only
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Industry
SK On expands ESS portfolio with vanadium batteries