KATHMANDU: Chinese battery manufacturer CATL has overtaken South Korea’s LG Energy Solution to become the world leader in battery patent holdings, according to data from patent consulting firm PatSnap. The data, released on October 6, covers the period from October…

KATHMANDU: Ford Motor has cancelled an electric vehicle (EV) battery supply agreement worth about $6.5 billion with South Korea’s LG Energy Solution, reflecting a broader slowdown in the global EV market. LG Energy Solution said Ford terminated the deal after…

KATHMANDU: General Motors (GM) and LG Energy Solution have joined hands to develop next-generation electric vehicle (EV) batteries, offering longer range, lower costs and enhanced safety. The companies aim to begin commercial production of these lithium manganese-rich (LMR) batteries in…