LG Energy Solution Ltd. plans to boost its energy storage system business, aiming to increase the division’s revenue contribution to 30% by year-end amid a global electric vehicle slowdown.
LG Energy Solution Ltd. plans to boost its energy storage system business, aiming to increase the division’s revenue contribution to 30% by year-end amid a global electric vehicle slowdown.
An LG Energy Solution Co. electric vehicle (EV) battery pack.
LG Energy Solution Ltd. reported preliminary first-quarter earnings that missed analyst estimates, as waning electric-vehicle support in key markets like the US weighed on results, failing to offset strong demand for energy storage systems.
LG Energy Solution Ltd. reported preliminary first-quarter earnings that missed analyst estimates, as waning electric-vehicle support in key markets like the US weighed on results, failing to offset strong demand for energy storage systems.
An LG Energy Solution Co. solid battery cell displayed at the InterBattery exhibition in Seoul, South Korea, on Wednesday, March 11, 2026. The annual show is scheduled to continue through March 13.
South Korean battery maker LG Energy Solution Ltd. is banking on surging demand from AI data centers for energy storage systems to offset cooling global demand for electric cars.
South Korean battery maker LG Energy Solution Ltd. is banking on surging demand from AI data centers for energy storage systems to offset cooling global demand for electric cars.
South Korean battery maker LG Energy Solution Ltd. is banking on surging demand from AI data centers for energy storage systems to offset cooling global demand for electric cars.
South Korean battery maker LG Energy Solution Ltd. is banking on surging demand from AI data centers for energy storage systems to offset cooling global demand for electric cars.
LG Energy Solution Ltd. reported a surprise preliminary operating loss for the fourth quarter, as the slow unraveling of electric vehicle demand in key markets darkens the outlook for South Korea’s largest battery maker.
LG Energy Solution Ltd. reported a surprise preliminary operating loss for the fourth quarter, as the slow unraveling of electric vehicle demand in key markets darkens the outlook for South Korea’s largest battery maker.
An LG Energy Solution Co. electric vehicle battery pack.
LG Energy Solution Ltd. reported a surprise preliminary operating loss for the fourth quarter, as the slow unraveling of electric vehicle demand in key markets darkens the outlook for South Korea’s largest battery maker.
LG Energy Solution Ltd. reported a surprise preliminary operating loss for the fourth quarter, as the slow unraveling of electric vehicle demand in key markets darkens the outlook for South Korea’s largest battery maker.
An LG Energy Solution Co. electric vehicle battery pack.
Honda Motor Co. will buy out LG Energy Solution Ltd.’s facilities and other assets from their joint battery plant in Ohio for about 4.2 trillion won ($2.9 billion) as America’s pullback in electric vehicles continues to ripple across the industry’s supply chain.
Honda Motor Co. will buy out LG Energy Solution Ltd.’s facilities and other assets from their joint battery plant in Ohio for about 4.2 trillion won ($2.9 billion) as America’s pullback in electric vehicles continues to ripple across the industry’s supply chain.
Ford Motor Co. canceled a 9.6 trillion won ($6.5 billion) battery agreement with LG Energy Solution Ltd. after the US automaker rolled back its electric vehicle ambitions.
Ford Motor Co. canceled a 9.6 trillion won ($6.5 billion) battery agreement with LG Energy Solution Ltd. after the US automaker rolled back its electric vehicle ambitions.
Ford announced it would take $19.5 billion in charges tied to a sweeping overhaul of its EV business. Photographer: Alex Kraus/Bloomberg
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