LGES

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…

LG Energy Solution’s Arizona Battery Manufacturing Complex to start hiring by the end of 2024

LG Energy Solution (LGES) plans to start hiring workers for the Arizona battery manufacturing complex by the end of 2024. …

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…

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…

LG Energy Solution secures lithium supply for the North American market

LG Energy Solution (LGES) signed an offtake agreement with WesCEF to expand its lithium supply chain for the North American…

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…

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…

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…

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…

Tesla supplier LGES to quadruple investment in Arizona battery plant to $5.5 billion

Tesla supplier LG Energy Solution plans to increase its investment in an Arizona battery plant from $1.4 billion to $5.5…

LG battery manufacturing sites to run on 100% renewable energy by 2025

LG Energy Solution (LGES)—the company’s dedicated cell subsidiary—plans to use 100% renewable energy in all its battery manufacturing plants worldwide…

LG Energy Solution and Stellantis to invest $4.1B in Lithium Ion Battery Plant in Canada

LG Energy Solution (LGES) and Stellantis entered into a joint venture to invest more than CAD$5 billion (US$4.1 billion) into…

Tesla battery supplier LGES confirms 4680 cell development, posts $3.7B revenue for Q4 2021

LGES told Teslarati that it is working to diversify its cylindrical battery lineup and is developing 4680 batteries. The battery manufacturer did…