What will LG Energy do in the near-term?

In the near term, the division will pursue a leading position in the North American market through the full-scale production of ESS cells in the U.S., which is set to start in 2025, advanced SI capabilities through LG Energy Solution Vertech, and new products with higher energy capacity and longer duration.

What will LG Energy Solution do for the battery industry?

Finally, LG Energy Solution will focus all efforts on securing leadership in next-generation battery technologies to bring more innovation to the sector. Regarding solid-state batteries, the company plans to lead the market by producing anodeless products that exclude lithium anodes, and ‘graphite-based’ anode products.

What is LG Energy Solution's long-term business strategy?

Courtesy of LG Energy Solution This audio is auto-generated. Please let us know if you have feedback Battery supplier LG Energy Solution announced its mid- to long-term business strategy with the goal of positioning itself as a leader in the global circular energy storage ecosystem, the company announced on Oct. 7.

What does LG Energy Solution do?

Although LG Energy Solution plans to expand its energy storage portfolio, it remains focused on innovating for automotive customers. The company says it will develop anodeless solid-state batteries that will eliminate the need for lithium or graphite-based anodes.

How will LG Energy Solution diversify its EV products & customers?

Second, LG Energy Solution will diversify its EV products and customers. Beyond premium batteries centered on high-nickel chemistry, the company will improve its competitiveness in affordable markets through its LFP, LMFP, and high-voltage mid-nickel products.

Does LG Energy Solution have a flex home battery system?

Flexibility is at the heart of the latest battery storage innovations coming from South Korean battery company LG Energy Solution. As seen at the Smarter E event in Munich last week, the business has gone one step further in modularizing its RESU Flex home battery system.