VFBATTERY REPORT

Chemistry: Cathode

Pages 203–232 (30 pages)

Battery Report 2024, page 216: Chemistry: Cathode
Text on page 216

LG Chem breaks ground for NCMA CAM production plant in Clarksville, Tennessee, that will supply 60 kt/year starting in 2026

LG Chem signs $17B contract with GM to supply 500 kt of NCMA CAM from 2026 through 2035

LG Energy Solution R&D investment exceeds $760M in 2023,with plans to increase spending on development of NCMA and LFP batteries

L&F wins $6.8B contract to supply 176 kt of NCMA cathodes to the European battery cell producer from 2025 to 2030

FEBRUARY

Source: Various news articles linked above

MAY

APRIL

JULY

Kia unveils latest EV3 model with 600 km range, equipped NCMA battery cell produced by HLI Green Power

Cadillac introduces OPTIQ model with 300 mile driving range based on Ultium Platform with 85 kWh NCMA battery pack

MAY

HLI Green Power opens $1.2B battery plant in Karawang, Indonesia with annual capacity of 10 GWt/h of NMCA cells to power 150k BEVs

LG Energy Solutions plans to complete pilot line for dry coating in Ochang, South Korea by the end of the year, aiming for mass production in 2028

AUGUST

OCTOBER

NOVEMBER

LG Energy Solutions and Toyota sign supply agreement for 20 GWh/year of NCMA modules for BEV starting in 2025

LG Energy Solutions signs 5-year, $6.7B deal to supply 67 GWh of NCMA EV batteries for Rivian R2 SUV, set to debut in 2026

LG Energy Solutions signs two agreements, worth $9.5B together, to supply Ford Motor with a total of 109 GWh of cells from 2026 through 2032

Ultium Cells celebrates production of their 100 millionth NMCA battery cell in their Warren, Ohio facility

OCTOBER

DECEMBER

Extracted from the PDF; charts and images may read imperfectly.

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