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…
1 week ago
LG Energy Solution
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 weeks 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. …
1 month 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)…
1 month 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…
2 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…
2 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…
3 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…
3 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…
5 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…
5 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…
6 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…
6 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…
6 months ago
LG Energy Solution issues its first global green bond of $1B
LG Energy Solution (LGES) issued its first global green bond of $ 1 billion. The South Korean company plans to…
7 months ago
LG Energy Solution aims to triple global sales by expanding in the United States
LG Energy Solution (LGES) shared its growth strategy for its energy storage system (ESS) division during the Venetian Convention and…
7 months ago
LG Energy Solution launches residential energy storage system for the US market
LG Energy Solution (LGES) launched a residential energy storage system (ESS) tailor-fit for households in the United States. The South…
8 months ago
LGES & Honda battery plant in Ohio starts construction on $3.5 billion facility
LG Energy Solution (LGES) and Honda’s joint electric vehicle (EV) battery plant started construction on the facility, installing the first…
10 months ago
Honda to step up its game with new electric motorcycles and EVs
Honda appears ready to go full electric and dive into the increasing competition in the EV industry. The Japanese automaker…
12 months ago
LG Energy Solution in “active discussions” with Tesla for battery supply from AZ plant
LG Energy Solution (LGES) noted on Friday that it is currently engaged in “active discussions” with Tesla and other electric…
1 year ago
Honda picks Ohio for $4.4 billion EV Battery Plant
Honda announced today it has chosen Fayette County, Ohio, as the place it will build a $4.4 billion electric vehicle…
2 years ago