The Electric: South Korea's LG Challenges China's Grip On Iron-Based Batteries

The battery that would go on to power most Western electric vehicles was first produced 15 years ago in a plant in Holland, Mich., run by South Korea’s LG Chem.

Last month at the same factory, the company began the West’s first commercial-scale production of the lithium-iron-phosphate battery that’s behind China’s dominance of the global industry.