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LG Chem Leads Light-Duty EV Li-ion Battery Market

LG Chem Leads Light-Duty EV Li-ion Battery Market

LG Chem, Panasonic and Samsung SDI are leading the light-duty electric vehicle lithium ion (Li-ion) battery market, according to a new Leaderboard report from Navigant Research. All three companies performed exceedingly well in strategy and execution. With the exception of Toyota’s continued use of nickel-metal hydride batteries for strong hybrid … Read more »

Panasonic Leads EV Batteries Market, LG Chem Guns for the Crown

Panasonic Leads EV Batteries Market, LG Chem Guns for the Crown

Panasonic is currently the runaway leader in the nascent battery market for electric vehicles, but LG Chem has the potential to overtake it in what will be a $30 billion market in 2020, according to Lux Research. Panasonic’s 39 percent share of the battery market for plug-in vehicles makes it … Read more »