{"id":114841,"date":"2020-10-21T21:24:49","date_gmt":"2020-10-22T04:24:49","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2020\/10\/teslas-4680-tabless-cells-are-curiously-similar-to-lg-chems-new-form-factor-batteries"},"modified":"2020-10-21T21:24:49","modified_gmt":"2020-10-22T04:24:49","slug":"teslas-4680-tabless-cells-are-curiously-similar-to-lg-chems-new-form-factor-batteries","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2020\/10\/teslas-4680-tabless-cells-are-curiously-similar-to-lg-chems-new-form-factor-batteries","title":{"rendered":"Tesla\u2019s 4680 tabless cells are curiously similar to LG Chem\u2019s \u2018new form factor\u2019 batteries"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/teslas-4680-tabless-cells-are-curiously-similar-to-lg-chems-new-form-factor-batteries2.jpg\"><\/a><\/p>\n<p>As the electric vehicle sector grows, the demand for batteries is poised to see a significant increase. This is a big opportunity for companies like LG Chem, which supplies batteries for several EV makers like Tesla. Amidst this surging demand, LG Chem revealed on Wednesday that it is planning on tripling its production capacity for cylindrical batteries, the type used by the Silicon Valley-based electric car maker.<\/p>\n<p>LG Chem currently forecasts a further rise in its battery sales and profits this fourth quarter. This is rather optimistic of the South Korean company considering that the company has already posted record quarterly earnings thanks to its growing EV battery business. \u201cSales are continuously expected to grow thanks to greater shipments of automotive batteries and cylindrical batteries for EVs,\u201d LG Chem <a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/article\/lg-chem-results-idUSKBN2760WH\" target=\"_blank\">noted<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the electric vehicle sector grows, the demand for batteries is poised to see a significant increase. This is a big opportunity for companies like LG Chem, which supplies batteries for several EV makers like Tesla. Amidst this surging demand, LG Chem revealed on Wednesday that it is planning on tripling its production capacity for [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,17,1491],"tags":[],"class_list":["post-114841","post","type-post","status-publish","format-standard","hentry","category-business","category-sustainability","category-transportation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/114841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=114841"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/114841\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=114841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=114841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=114841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}