The Beginning of Korea’s Battery History
1947
Lucky Chemical Founded
(start of LG Group)
1992
Began Lithium-Ion Battery Research
1996
Began Lithium-Ion Battery Development
1999
Mass-Produced Cylindrical Lithium-Ion Batteries
Expanding from Korea to the World
2000
Founded United States R&D Office
2004
Completed Construction of Nanjing Plant in China
2009
Supplied the World’s First Mass-Produced EV Batteries (GM Volt)
2012
Completed Construction of EV Battery Plant in the U.S
2013
Developed the World’s First Future Batteries (Stepped, Curved, Wire Battery)
2017
Completed Construction of EV Battery Plant in Poland
2018
Developed the World’s First Free-Form Battery
Advance as a Global Battery Leader
2020
LG Energy Solution Established
Established ‘Ultium Cells’ with GM
2021
Joined both RE100 and EV100 initiatives, as the first global battery manufacturer
Signed MoU with Hyundai Motor Group and Indonesian Governmant to Establish EV Battery Cell Plant
2022
Annouced the investment for the 3rd joint venture EV battery plant with GM
Listed on the Korea Stock Exchange (KOSPI)
Established NextStar Energy, an EV battery joint venture with Stellantis
2023
Signed MOU with Ford, and Koç Holding to establish a battery joint venture corporation in Turkiye
Groundbreaking for LG Energy Solution - Honda joint venture plant
Established a battery cell joint venture in North America with Hyundai Motor Group
Established a battery recycling joint venture with Huayou Cobalt in China
2024
Commenced construction of the Arizona plant in the U.S.
Launched the BMTS brand ‘B.around’
2025
Completed the acquisition of Ultium Cells Plant 3
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