Lithium Related Media Articles, page-663

Interesting article considering that at one point last year, it looked like KDR it may have signed an offtake deal with VW.  Did LG muscle in against that deal in the backdrop of what's reported in this article below.

LG reportedly threaten to cut VW’s battery cell supply for EVs over gigafactory plans

Now, the German magazine reports that the negotiations have fallen apart because LG Chem, one of the battery suppliers that VW is going to be dependent for upcoming EV production, apparently threatened to stop supplying them as a result.

According to the new report, VW was planning to invest billions into 3 factories capable of producing gigawatt-hours worth of battery cells, hence the reference to “gigafactories”, but LG Chem, with whom VW is running a battery cell supply ‘task force’,  “threatened, under certain circumstances, to no longer deliver when VW starts production with SK Innovation.”