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A battery plant in Ohio, jointly operated by LG Energy Solution and General Motors, is set to resume production next week following a seven-month shutdown, as GM reevaluates its North American battery strategy.
LG Energy Solution has filed patent infringement complaints in the US against Chinese battery maker EVE Energy, aiming to block imports of allegedly infringing cylindrical batteries.
LG Energy Solution has been selected to operate a government-backed project focused on developing AI-based energy storage systems to enhance South Korea's southwestern power grid capacity.
LG Energy Solution is set to present its battery-powered solutions for AI data centers at Electrical Energy Storage Europe 2026, emphasizing its European manufacturing and compliance capabilities amidst rising demand for AI infrastructure.
LG Energy Solution has ended a two-year legal dispute with Chinese battery-maker Sunwoda through a patent licensing agreement covering its lithium-ion technologies.
Shares of LG Energy Solution surged by as much as 16% following the announcement of a major $1.6 billion battery storage deal in the United States. The agreement positions the company to capitalize on the growing demand for AI power solutions.
LG Energy Solution and Honda have announced a partnership aimed at expanding their presence in Vietnam's growing electric motorcycle market.
LG Energy Solution announced a first-quarter loss, primarily attributed to a slowdown in the electric vehicle market and weak demand, particularly in North America. The company is now banking on new orders to drive its recovery.
LG Energy Solution has indicated it expects to report an operating loss for the first quarter, attributing the downturn to a decline in demand for electric vehicles.
French carmaker Renault Group chief Francois Provost is scheduled to visit South Korea in April to hold talks with LG Energy Solution CEO Kim Dong-myung, aiming to deepen cooperation in electric vehicle batteries.
Samsung SDI CEO Choi Joo-sun indicated a potential restructuring of US joint ventures with Stellantis and General Motors, as the company shifts focus from premium electric vehicle batteries to more cost-competitive products and energy storage.
LG Energy Solution’s Canadian battery plant is emerging as a bright spot for the company as the global electric vehicle market slows, offsetting weaker performance at some of its European and US facilities. According to the company’s audit report released Thursday, NextStar Energy, LG Energy Solution’s battery plant in Windsor, Ontario, posted revenue of 362.4 billion won ($268 million) last year, up 22.4 percent from a year earlier. Operating profit reached 53 billion won, surging nearly fivefo
LG Energy Solution has inaugurated its first battery manufacturing plant in Canada, which will serve as a key hub for energy storage system batteries across North America.
LG Energy Solution is reportedly looking to sell A$419 million worth of its shares in Liontown, according to a term sheet.
Former President Trump has adopted a 'low-key' approach to Iran talks, aiming to leverage the country's economic stress, while Israel's rejection of a Gaza plan raises concerns about prolonged conflict. Iran, in turn, has linked the reopening of the Strait of Hormuz to US concessions and ironically responded to Trump's 'chess game' analogy.
LG Energy Solution is preparing to restart production at its Ohio battery plant with General Motors after a six-month shutdown, signaling an improved outlook for the electric vehicle industry amid recovery in global demand.
LG Energy Solution and General Motors' joint venture has commenced mass production of lithium iron phosphate (LFP) battery cells at its US plant, targeting the growing North American energy storage systems market.
LG Energy Solution (LGES) has successfully resolved its patent dispute with Chinese battery manufacturer Sunwoda.
Ultium Cells, the battery joint venture between General Motors and LG Energy Solution, has delayed the return of laid-off workers to its Ohio plant. The company did not specify the reasons for the postponement.
LG Energy Solution and DTE have signed an agreement for a 6-gigawatt-hour battery storage project in Michigan, marking a significant development in energy infrastructure.
LG Energy Solution (LGES) has reported a net loss for the first quarter, attributed to the ramp-up of its Energy Storage System (ESS) operations. The company is navigating initial costs associated with expanding its ESS capabilities.
LG Energy Solution is reportedly targeting a 30% sales mix from energy storage systems to counteract the current downturn in electric vehicle sales.
LG Energy Solution is escalating its patent offensive, widening its legal actions against China’s Sunwoda and other automakers over core battery technologies. The company recently filed for an injunction as it seeks to enforce its intellectual property rights across the EV supply chain.
LG Energy Solution announced its accelerated push into battery recycling and repurposing, positioning the sector as a key growth driver and a cornerstone of its sustainability strategy. The initiative aims to build a closed-loop resource system.
Tesla is expanding its partnership with LG Energy Solution through a $4.3 billion deal for U.S.-produced battery cells from a Michigan plant, intended for energy storage systems. This confirms the previously reported investment for a new battery facility in the state.
South Korea's leading battery manufacturers, LG Energy Solution and Samsung SDI, highlighted their extensive patent portfolios at InterBattery 2026, with Samsung SDI specifically issuing a warning against patent infringement and technology leakage in its prismatic battery technology.
Industry Minister Kim Jung-kwan left for Canada on Thursday to lend support for a South Korean consortium's bid to secure Canada's high-profile submarine project. To help the Korean consortium win the estimated 60 trillion-won ($41 billion) project, Kim plans to meet with Canadian Industry Minister Melanie Joly and other government officials, according to the Ministry of Trade, Industry and Resources. Kim is also scheduled to attend the completion ceremony for LG Energy Solution Ltd.'s joint ele
LG Energy Solution said Tuesday that strengthening its patent portfolio and sustaining research and development investment are key to weathering the global battery market slowdown and securing long-term technological leadership. “A fierce global race is underway to secure technology leadership,” said Lee Han-sun, executive vice president at LG Energy Solution. “The decisive weapon in that race is premium patents, and we have built a strong competitive position in this area.” The company defines
LG Energy Solution reported an operating profit in the second quarter, ending two consecutive quarterly losses, driven by the successful conversion of idle electric-vehicle production lines to energy storage systems.
LG Energy Solution will provide batteries for Google's largest solar and energy storage project, expanding its involvement in power infrastructure to meet the growing demand from AI data centers.
LG Energy Solution has reported a projected 77% fall in its second-quarter operating profit, primarily attributed to continued weak demand in the electric vehicle market. This marks a return to profit for the company despite the decline.
LG Energy Solution hosted its Battery Tech Conference in Chicago to intensify efforts in recruiting top global research talent for next-generation battery technologies, energy storage systems, and artificial intelligence.
The U.S. Pentagon has awarded Microsoft a $9.7 billion contract to streamline software procurement and cut costs. Dell's unit will facilitate the deal, which aims to end license sprawl across the Department of Defense.
The industry ministry held discussions with LG Energy Solution (LGES) regarding the integration of artificial intelligence to transform the battery industry. This initiative aims to leverage AI for advancements in battery technology and production.
LG Energy Solution reported a loss in the first quarter, despite an increase in demand for batteries. This financial downturn highlights challenges faced by the company even amidst a growing market for its products.
LG Energy Solution has set an ambitious target to achieve a 50 percent increase in productivity by 2028, driven by its strategic adoption and implementation of artificial intelligence technologies.
LG Energy Solution has become the first battery-maker to join SDVerse, an automotive software marketplace, as the South Korean company accelerates its push into the fast-growing software-defined vehicle market.
LG Energy Solution CEO Kim Dong-myung announced the company's plan to expand its energy storage system (ESS) business to comprise around 40 percent of its portfolio, aligning with market trends.
US government confirms Tesla and LG Energy Solution's $4.3 billion battery deal Reuters
LG Energy Solution (LGES) has held a grand opening ceremony for its new battery manufacturing plant located in Canada, expanding its global production capabilities.
LG Energy Solution said Monday it would showcase next-generation battery technologies spanning electric vehicles, energy storage systems and robotics at InterBattery 2026, the nation’s largest…