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South Korean company Bobaek America to build C$35.0M EV battery parts factory in Windsor, Ontario, to supply Stellantis and LG Energy Solution's NextStar battery cell plant in Ontario; facility to create 144 jobs

Partnership between LG Energy Solution, Ford and Turkish firm Koc Holding to build battery plant in Turkey collapses as Koc withdraws due to concerns over EV adoption and timing of battery investments; plant was to have annual output of 45GWh

Toyota signs deal with LG Energy Solution for 20 gigawatt-hours of high-nickel NCMA pouch-type battery cells and modules annually for Toyota's US-produced EVs from 2025; LG investing US$3B in Holland, Michigan, battery plant

Canadian parliamentary budget officer reports government's break-even on its C$28.2B EV battery deals with VW, Stellantis and LG Energy Solution expected by 2043

Hyundai leads Indonesian EV market with a 56.5% share, overtaking former market leader Chinese firm Wuling, which has a 28.21% share; Hyundai plans to speed up electrification in the country with local production and its JV cell plant with LG Energy

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