SEOUL (Reuters) -The CEO of a South Korean lithium battery maker that was struck by a fire that killed 23 people in June has been arrested after a court approved a warrant on allegations of violating industrial safety law, a judge said on Thursday. Park Soon-kwan, the CEO of Aricell, which is majority owned by S-Connect, apologised after the fire but said at the time the company had followed all required safety precautions and training […]
Tag: battery
Ford pauses work on $3.5 bn battery plant
NEW YORK, Sept 25, 2023 (AFP) – Ford is halting work on a major battery plant in the northern US state of Michigan, the automaker said Monday, just seven months after launching the project with a Chinese partner. The stoppage, which a Ford a representative confirmed to AFP, comes as the company faces a major strike along with both of the other “Big Three” US automakers, Stellantis and General Motors. The Ford spokesperson insisted the […]
Honda, LG to invest $4.4 bn in US battery plant
Tokyo, Japan (AFP) Japanese auto giant Honda and South Korean battery maker LG Energy Solution announced a joint venture Monday to invest $4.4 billion in a new US electric car battery plant. The move comes after California last week ruled that all new cars sold in America’s most populous state must be zero-emission from 2035, with other US states expected to follow suit. In a joint statement, the firms said they expected construction of the […]
Daimler, Volvo in 1.2-bn-euro deal to make hydrogen batteries: statement
FRANKFURT AM MAIN, Germany (AFP) — German automobile group Daimler said Tuesday it was partnering with Sweden’s Volvo to make hydrogen batteries for trucks, as car giants accelerate a push to wean vehicles from fossil fuels. The joint venture between the two, valued at 1.2 billion euros ($1.3 billion), is “a milestone in bringing fuel cell powered trucks and buses onto our roads,” said Daimler Truck chairman Martin Daum. “By forming this joint venture, we […]
Apple apologizes for slowing iPhones, offers discounted batteries
SAN FRANCISCO, United States (AFP) — Apple on Thursday apologized to its customers for slowing down the performance of older iPhone models and said it would discount replacement batteries for some of its handsets. The move by Apple responded to an uproar from iPhone users — and a series of lawsuits — after news of the battery problems stoked concerns the company was unfairly nudging consumers to upgrade. “We know that some of you feel […]
Apple admits to slowing iPhones as batteries age
SAN FRANCISCO, United States (AFP) — Apple on Thursday confirmed what some conspiracy theorists suspected, that it intentionally slows performance of older iPhones as batteries weaken from age. The admission played into concerns that Apple was stealthily nudging iPhone users to upgrade to newer models by letting them think it was the handsets that needed replacing and that it was not just a matter of getting new batteries. “Our goal is to deliver the best […]
Samsung Elec says battery caused Note 7 fires, may delay new phone launch
SEOUL, South Korea (Reuters) — Samsung Electronics indicated on Monday (January 23) that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety following an investigation into the cause of fires in its premium Note 7 devices. Wrapping up its months-long probe into the cause of the Note 7 debacle, the world’s top smartphone maker said faulty batteries from two suppliers were to blame for the failure of the […]





