The Latest Breaking News from LG Energy Solution

NHTSA opens investigation into LG Energy Solution over EV battery recalls

A federal auto safety agency has opened an investigation into Korean manufacturer LG Energy Solution's high-voltage electric-vehicle batteries after their internal failures in several vehicle models led to fire risks and recalls.

Tribune News Service · Apr 5, 2022

US agency opens probe into electric vehicle batteries

U.S. safety regulators have opened an investigation into electric and hybrid vehicle batteries after seven automakers issued recalls for defects that can cause fires or stalling

The Independent UK · Apr 5, 2022

LG Energy Solution Announces Cylindrical Battery Plant In U.S.

LG Chem's LG Energy Solution announced a 1.7 trillion KRW ($1.39 billion) investment in a new factory for cylindrical batteries in Arizona.

InsideEVs · Mar 24, 2022

EV battery maker LG will add up to 1,200 jobs in Michigan

Electric vehicle battery maker LG Energy Solution, a joint-venture partner with automaker General Motors, plans a $1.7 billion expansion in western Michigan that will add up to 1,200 jobs by 2025

The Independent UK · Mar 22, 2022

Global Passenger xEV Battery Market Doubled In 2021: 286 GWh

The global passenger xEV (BEVs, PHEVs, HEVs) battery market significantly expanded in 2021, reaching a new record level.

InsideEVs · Feb 10, 2022

LG Energy Solution Announces Revenue Target For 2022

LG Chem's LG Energy Solution announced a 10% increase in revenues in Q4 2021, which allowed it to return to profitability after the negative Q3 result.

InsideEVs · Feb 9, 2022

LG Energy Solution Achieves 'Stellar' Stock Debut

According to Reuters, LGES in its "stellar stock debut" becomes the #2 most valuable company in South Korea.

InsideEVs · Jan 28, 2022