Common Denominator: Five OEMs named in NHTSA probe of LG battery defects

Toronto, Ontario — All eyes are on LG Energy Solutions as the National Highway Traffic Safety Administration is in the thick of probing the global energy powerhouse for a number of EV battery-related recalls that stem from the company’s technology. The NHTSA is looking at more than 138,000 vehicles that have been linked to recalls […]

Friends like LG: Magna International and LG launch joint venture, LG Magna e-Powertrain

Aurora, Ontario — LG Electronics and Magna International have joined forces to form LG Magna e-Powertrain, a single company to bridge the technological developments between the two collaborators, according to a press release from Wednesday. The company will be led by 20-year LG veteran and new CEO Cheong Won-suk who, prior to joining LG, worked […]