LG Energy Solution closed 2025 facing a sharp divergence between its electric vehicle (EV) and energy storage system businesses, with slowing EV demand, particularly in North America, dragging on ...

LG Energy Solution posts KRW 23.7 trillion in consolidated revenue and KRW 1.3 trillion in operating profit in 2025 Company aims for a mid-teen to 20 percent year-on-year increase in annual revenue ...

The surge in demand for energy storage systems (ESS) in North America is fueling a competitive push among South Korea's three leading battery manufacturers—LG Energy Solution (LGES), Samsung SDI, and ...

NextStar Energy Inc, a Canadian battery manufacturing joint venture between Stellantis and South Korea’s LG Energy Solution, is switching some of its production capacity to lithium-iron-phosphate (LFP ...

LG Energy Solution is clearly positioning its energy storage system (ESS) business as a next-generation growth engine, simultaneously expanding both production and orders. As demand for ESS gradually ...

LG Energy Solution Michigan has been leading the charge in battery manufacturing for more than a decade, after being the first large-scale battery manufacturing plant in North America, starting ...

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today ...

LG Energy Solution is betting on rapid growth in the North American energy storage system market to offset a slowdown in electric vehicle demand, as expanding investments in AI data centers and ...

For its ESS batteries, the company started local production of its LFP [1] batteries in North America and plans to expand the form factors from pouch-type to prismatic batteries. It also enhanced its ...