LG Energy Solution Aims to Expand ESS Business to 40% of Portfolio

LG Energy Solution aims to expand ESS business to up to 40 pct of company portfolio

LG Energy Solution CEO Kim Dong-myung said Friday the company plans to have its energy storage system business take up around 40 percent of its portfolio down the road, in line with efforts to meet market trends. "The company plans to have ESS and new businesses take up the mid-40 percent range down the road, compared with the current level of 20 percent, maintaining a stable and balanced portfolio," Kim said during a shareholders' meeting held in Seoul. "We plan to offer distinctive competitive

By The Korea Herald