LG Energy Solution uses AI to design batteries in a day
LG Energy Solution (LGES) will use artificial intelligence (AI) to design batteries for its clients. The South Korean battery supplier's…
2 weeks ago
LG Energy Solution
LG Energy Solution secures IRA-compliant battery minerals
LG Energy Solution (LGES) secured IRA-compliant (Inflation Reduction Act) battery minerals through an agreement with Tesla lithium supplier Liontown. On…
3 weeks ago
LG & Hyundai launch first battery factory in Indonesia
LG Energy Solution (LGES) and Hyundai Motor Company recently announced the completion of the construction of their battery factory in…
3 weeks ago
LG Energy Solution prioritizes 46-series battery production in Arizona
LG Energy Solution (LGES) is prioritizing 46-series battery cell production in its new $5.5 billion plant in Arizona. The battery…
4 weeks ago
LG Energy Solution receives $2.8 million grant from Michigan state
LG Energy Solution received a $2.8 million infrastructure grant from the state of Michigan. The grant will fund the company’s expansion…
2 months ago
LG Energy Solution cuts investments after weak earnings
LG Energy Solution (LGES) is cutting some investments after reporting weak earnings, mostly attributed to slow electric vehicle (EV) sales growth. “We…
3 months ago
LG Energy Solution posts provisional sales decline of 29.9% in Q1 2024
LG Energy Solution (LGES) posted a provisional sales decline of 29.9% year-over-year, amounting to 6.3 trillion won (US$4.46 billion). It…
3 months ago
LG Energy Solution claims reduced operating profit due to slow EV sales
LG Energy Solution (LGES) recently reported a 75% drop in operating profit. The South Korean battery maker claimed slow EV…
4 months ago
LG Energy Solution partners with battery recycling branch in Australia
LG Energy Solution (LGES) is partnering with Envirostream’s recycling branch, Lithium Australia, to recycle lithium-ion batteries. According to the company’s…
4 months ago
LG Energy Solution invests in NCMA & LFP batteries to strengthen its portfolio
LG Energy Solution (LGES) is planning to invest in NCMA (nickel-cobalt-manganese, aluminum) and LFP (lithium-iron-phosphate) batteries to strengthen its portfolio. …
4 months ago
LG Energy Solution & Qualcomm to develop battery management systems
LG Energy Solution (LGES) recently announced its intention to work with Qualcomm Technologies to develop advanced battery management system (BMS)…
5 months ago
LGES signs battery supply agreement with Chinese supplier
LG Energy Solution (LGES) signed a battery supply agreement with Chinese supplier Changzhou Liyuan New Energy Technology. Changzhou Liyuan is…
5 months ago
Tesla 4680 battery production by LG starting later this year
LG Energy Solution (LGES) CEO Kim Dong-myeong announced that the company will start Tesla 4680 battery production as early as…
5 months ago
LG Energy Solution reports steady increase in profit for FY 2023
LG Energy Solution (LGES) announced its 2023 full-year earnings, reporting a steady increase in consolidated revenue and operating profit. The…
6 months ago
LG Energy Solution investing in U.S. Lithium Metal Battery Startup
LG Energy Solution (LGES) announced an equity investment in Sion Power, a lithium metal battery technology startup in the United…
6 months ago
LG Energy Solution appoints new leaders to spearhead battery plans [Feature]
LG Energy Solution (LGES) is shaking up its leaders as it initiates phase two of its battery expansion plans. LG…
8 months ago
LG and SK On lay off workers as it reduces EV investments in N. America
LG Energy Solution (LGES) and SK On are laying off workers as it reduces electric vehicle (EV) investments in North…
8 months ago
LG Energy Solutions shifts plans for Arizona plant
LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series…
9 months ago
Tesla Supplier LG Energy Solution tempers 2024 revenue expectations
Tesla supplier LG Energy Solution (LGES) warned of slow revenue growth in 2024. The South Korean battery supplier and Tesla…
9 months ago
LG Energy Solutions & Toyota sign battery supply deal for EVs made in the United States
LG Energy Solution (LGES) and Toyota signed a battery supply deal for electric vehicles produced in the United States. LGES…
10 months ago