Tesla battery supplier LG Energy Solution reports a 138% rise in Q1 operating profits, buoyed by tax credits. The South Korean firm estimated an operating profit...
LG Energy Solution (LGES) announces plans to offer battery diagnostic software to global automakers amidst electric vehicle (EV) fire safety concerns in South Korea. On August...
LG Energy Solution (LGES) is eyeing a site in Morocco for a battery production plant. The South Korean battery supplier plans to produce batteries in Morocco...
LG Energy Solution is engaged in talks with three China-based material suppliers to produce low-cost electric vehicle (EV) batteries for the European market. LGES’ talks with...
LG Energy Solution (LGES) will use artificial intelligence (AI) to design batteries for its clients. The South Korean battery supplier’s AI-powered system can design battery cells...
LG Energy Solution (LGES) secured IRA-compliant (Inflation Reduction Act) battery minerals through an agreement with Tesla lithium supplier Liontown. On July 4, 2024, LGES and Liontown...
LG Energy Solution (LGES) is prioritizing 46-series battery cell production in its new $5.5 billion plant in Arizona. The battery supplier has temporarily paused construction of...
Tesla is reportedly nearing an electrode supply deal with Korean company LG Energy Solutions (LGES) that will support a high volume of electric vehicles (EVs), as...
LG Energy Solution (LGES) recently reported a 75% drop in operating profit. The South Korean battery maker claimed slow EV sales impacted its operating profit. LGES...
LG Energy Solution (LGES) plans to start hiring workers for the Arizona battery manufacturing complex by the end of 2024. “This transformative investment will have a...
LG Energy Solution (LGES) is partnering with Envirostream’s recycling branch, Lithium Australia, to recycle lithium-ion batteries. According to the company’s announcement, its partnership could position Envirostream...
LG Energy Solution (LGES) signed a battery supply agreement with Chinese supplier Changzhou Liyuan New Energy Technology. Changzhou Liyuan is based in Nanjing, China, and manufactures...
LG Energy Solution (LGES) signed an offtake agreement with WesCEF to expand its lithium supply chain for the North American market. According to the agreement, WesCEF will...
LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. After...
LG Energy Solution (LGES) issued its first global green bond of $ 1 billion. The South Korean company plans to use the bond revenue to grow...
LG Energy Solution (LGES) shared its growth strategy for its energy storage system (ESS) division during the Venetian Convention and Expo Center in Las Vegas. The...
LG Energy Solution (LGES) and Honda’s joint electric vehicle (EV) battery plant started construction on the facility, installing the first steel beam on the site in...
Tesla supplier LG Energy Solution plans to increase its investment in an Arizona battery plant from $1.4 billion to $5.5 billion due to the strong demand...
LG Energy Solution (LGES)—the company’s dedicated cell subsidiary—plans to use 100% renewable energy in all its battery manufacturing plants worldwide by 2025. The initiative is called...
LG Energy Solution (LGES) and Stellantis entered into a joint venture to invest more than CAD$5 billion (US$4.1 billion) into a large-scale lithium-ion battery production facility...
