What's on our radar for March 17
We connect with Kingsville's Paralympian Silver Medalist, get more auto strategy insight and look into a new deal involving the owners of Windsor's NextStar Energy and a Michigan factory.
https://www.cbc.ca/news/canada/windsor/what-s-on-our-radar-for-march-17-9.7131463?cmp=rss
LG Energy Solution's NextStar Energy in Canada has produced over 1 million battery cells within three months of mass production, highlighting rapid ramp-up and plans to expand output as it becomes a wholly owned subsidiary targeting the North American ESS market.
#YonhapInfomax #LGEnergySolution #NextStarEnergy #BatteryProduction #ESSMarket #StellantisAcquisition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105358
LG Energy Solution's NextStar Surpasses 1 Million Battery Cells in Just Three Months of Mass Production

LG Energy Solution's NextStar Energy in Canada has produced over 1 million battery cells within three months of mass production, highlighting rapid ramp-up and plans to expand output as it becomes a wholly owned subsidiary targeting the North American ESS market.

Yonhap Infomax
LG Energy Solution acquires full control of NextStar Energy from Stellantis for $100, signaling a shift from EV to ESS battery focus as automakers retreat from joint ventures amid mounting EV losses.
#YonhapInfomax #LGEnergySolution #Stellantis #NextStarEnergy #ESSBatteries #JointVentureRestructuring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=104552
Joint Ventures Become Shackles for Automakers—LG Energy Solution Follows SK On in Pursuing Independent Survival (Comprehensive)

LG Energy Solution acquires full control of NextStar Energy from Stellantis for $100, signaling a shift from EV to ESS battery focus as automakers retreat from joint ventures amid mounting EV losses.

Yonhap Infomax
LG Energy Solution acquires full control of NextStar Energy from Stellantis for $100, signaling a shift from EV to ESS batteries amid market contraction and raising prospects of major asset impairment; Samsung SDI's JV strategy now under scrutiny.
#YonhapInfomax #LGEnergySolution #Stellantis #NextStarEnergy #ESSBatteries #JointVentureRestructuring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=104445
Joint Ventures Become a Shackle—LG Energy Solution Follows SK On in Pursuing Independent Survival

LG Energy Solution acquires full control of NextStar Energy from Stellantis for $100, signaling a shift from EV to ESS batteries amid market contraction and raising prospects of major asset impairment; Samsung SDI's JV strategy now under scrutiny.

Yonhap Infomax
LG Energy Solution will acquire Stellantis’s 49% stake in NextStar Energy for $100, making it a wholly owned subsidiary and securing a key North American ESS production base.
#YonhapInfomax #LGEnergySolution #NextStarEnergy #Stellantis #ESSMarket #NorthAmericaProduction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=104348