LG Energy Solution

South Korea's leading battery manufacturer for EVs and energy storage

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Company Overview

LG Energy Solution (LGES) is one of the world's largest manufacturers of lithium-ion batteries for electric vehicles, mobility, IT applications, and energy storage systems. Spun off from LG Chem in 2020 and listed on the Korea Exchange in 2022, LGES operates battery plants in South Korea, China, US, Poland, Indonesia, and Canada. The company supplies batteries to major automakers including GM, Hyundai, and Stellantis, and is investing in next-generation solid-state and lithium-sulfur battery technologies.

Sectors
Primary Markets

Why This Company Matters

LG Energy Solution is the world's second-largest EV battery manufacturer, supplying Tesla, GM, and Hyundai, with major gigafactory investments across the US, Europe, and Indonesia.

Key Focus Areas

EV BatteriesGigafactory ExpansionSolid-State BatteriesEnergy StorageBattery Recycling

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