Contributing to the
popularization of electric vehicles

Leading the innovation of
devices beyond limitations
in sizes and shapes

Introducing the smart grid era
with energy storage technology

Global Network

Expanding our R&D, manufacturing, and sales bases throughout key regions, including South Korea, China, and the United States.

RE100

Focusing on Renewable Energy to Take the Lead in Climate Change Response

As the first South Korean battery manufacturer to join RE100, LG Energy Solution is protecting the environment by advancing the goal of transitioning all businesses to 100% renewable energy 20 years ahead of the suggested schedule.

Transparent Supply Chain Management for a Sustainable Future

LG Energy Solution strives for transparent and responsible mineral procurement by building a system that continuously monitors the ingredient information of the supplied materials from the purchase stage of minerals to the production of the final product.

Full service: from beginning
to end of battery's life

To prevent environmental pollution and utilize waste batteries for upholding sustainable values, we are building a reprocessing system that encompasses the procurement of raw materials, production, consumption, and disposal of batteries, as well as the overall social values involved in the process.

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News

2021 ESG Report Cover
LG Energy Solution Aims to Achieve RE100 in All Global Production Sites by 2025

LG Energy Solution announced its plan to achieve RE100 at all of its global production sites by 2025. In its ESG Report 2021, which was published today, the company stated that it will complete its conversion to RE100 across all its global battery manufacturing sites (in Korea, North America, Europe, China, etc.), which means they will run entirely on renewable energy.

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LG Energy Solution to Triple Revenue, Achieve Double-Digit Operating Profit Margin in 5 Years

LG Energy Solution (LGES; KRX: 373220) today announced its mid to long term corporate strategies, withthe goal of more than tripling revenue in five years and achieving double-digit operating profit margin. The company also increased the annual revenue target to KRW 22 trillion.

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LG Energy Solution Releases Preliminary Earnings for Second Quarter 2022

LG Energy Solution reported tentative consolidated revenues of KRW 5.0706 trillion in the second quarter with an operating profit of KRW 195.6 billion. The company’s revenue is expected to increase by 16.8 percent and the operating profit is likely to drop 24.4 percent from the previous quarter. Compared to the same period last year, the company’s revenue is expected to decrease by 1.2 percent and the operating profit by 73 percent.

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LG Energy Solution partners with Compass Minerals to enhance steady flow of supply chain
LG Energy Solution partners with Compass Minerals to enhance steady flow of supply chain

LG Energy Solution (LGES; 373220) is branching out in its efforts to secure supply chain of materials as it ramps up its battery production to satiate the growing market demand.
LGES today announced that it has signed a non-binding Memorandum of Understanding (MoU) with Compass Minerals (NYSE: CMP), a leading provider of essential minerals,critical to producing battery-grade lithium.

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LG Energy Solution to Invest KRW 1.7 Trillion in Its First Cylindrical Battery Plant in U.S.

LG Energy Solution (LGES; KRX: 373220) today announced that the company is investing KRW 1.7 trillion for the construction of a new cylindrical battery factory in Queen Creek, Arizona. The newly announced plant will be the first ever cylindrical-type battery manufacturing plant in North America, solely invested by the Korean battery manufacturer.

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LG Energy Solution Sets Up Special Advisory Council of Global Artificial Intelligence Experts
LG Energy Solution Sets Up Special Advisory Council of Global Artificial Intelligence Experts

LG Energy Solution (LGES; KRX: 373220) today announced the launch of its Advisory Council on Artificial Intelligence (AI). Joining forces with leading scholars specializing in AI technology, the Advisory Council is expected to play a major role in LGES’s digital transformation and the establishment of a manufacturing intelligence platform.

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LG Energy Solution Expands Joint Research Projects to Europe

LG Energy Solution (LGES; 373220) is expanding its joint battery research programs with leading institutions across the world as it aims to drive next-generation battery technology amid the fast-changing industry. LGES today announced that it is partnering up with academic organizations in Germany. The company will be working with Münster Electrochemical Energy Technology (MEET) of University of Münster and Helmholtz Institute Münster (HI MS) of Forschungszentrum Jülich.

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LG Energy Solution Battery Powers Successful GUINNESS WORLD RECORDS® Attempt for the Highest Altitude Achieved in an Electric Vehicle
LG Energy Solution Battery Powers Successful GUINNESS WORLD RECORDS® Attempt for the Highest Altitude Achieved in an Electric Vehicle

LG Energy Solution (LGES; KRX: 373220) became a part of history today, as Rainer Zietlow, a world-record driver, set another world record with an electric vehicle powered by LGES batteries.

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LG Energy Solution Releases Preliminary Earnings for First Quarter 2022

LGES reported revenues of KRW 4.34 trillion, a decrease of 2.2% compared to the previous quarter.

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LG Energy Solution to Invest KRW 1.7 Trillion in Its First Cylindrical Battery Plant in U.S.

LG Energy Solution (LGES; KRX: 373220) today announced that the company is investing KRW 1.7 trillion for the construction of a new cylindrical battery factory in Queen Creek, Arizona. The newly announced plant will be the first ever cylindrical-type battery manufacturing plant in North America, solely invested by the Korean battery manufacturer.

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