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Revision as of 15:53, 29 August 2022
South Korean battery maker | This article, LG Energy Solution, has recently been created via the Articles for creation process. Please check to see if the reviewer has accidentally left this template after accepting the draft and take appropriate action as necessary.
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| This article, LG Energy Solution, has recently been created via the Articles for creation process. Please check to see if the reviewer has accidentally left this template after accepting the draft and take appropriate action as necessary.
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| Native name | 주식회사 엘지에너지솔루션 |
|---|---|
| Company type | Public |
| Traded as | KRX: 373220 |
| Founded | December 1, 2020; 4 years ago (2020-12-01) |
| Headquarters | Seoul, South Korea |
| Key people | Kwon Young-soo (Chairman) |
| Products | Lithium-ion battery |
| Parent | LG Chem |
| Website | www |
LG Energy Solution, Ltd. (LGES; Korean: 주식회사 엘지에너지솔루션) is a battery company headquartered in Seoul, South Korea. LGES is one of the largest battery maker alongside CATL, Panasonic, and Samsung SDI.
History
LG Chem Energy Solution Business Division (1992-2020)
LG Chem started the battery business when LG Group chairman Koo Bon-moo visited the United Kingdom Atomic Energy Authority office in 1992. After the visit, Koo brought rechargeable battery samples and began research into the emerging technology. LG Chem produced Korea's first lithium-ion battery in 1999 and succeeded in supplying automotive batteries for General Motors Volt in the late 2000s. Then, the company became a battery supplier to global car makers, including Ford, Chrysler, Audi, Renault, Volvo and SAIC Motor.
LG Energy Solution (2020-present)
In September 2020, LG Chem announced spinning off its Energy Solution business to cope with growing demand from global automotive manufacturers. LG Chem's battery business officially became a separate company and was renamed its name LG Energy Solution in December 2020. It subsequently undertook an IPO process to secure funds to increase its battery production capacity and became public in January 2022.
See also
List of electric-vehicle-battery manufacturers
References
- "Contracts shield Asia's EV battery makers from nickel surge, for now". Reuters. March 9, 2022.
- Seo, Ji-eun (May 20, 2018). "Koo Bon-moo brought LG into 21st century". Korea Joongang Daily.
- Yang, Heekyong (December 7, 2021). "Factbox: LG Energy Solution, the battery maker behind S.Korea's biggest IPO". Reuters. Seoul.
- Kim, Eun-jung (December 1, 2020). "LG Energy Solution sets sail to target growing EV market, but challenges lie ahead". Yonhap. Seoul.
- Kim, Eun-jung (January 29, 2021). "LG Energy Solution accelerates IPO push as it picks lead managers". Yonhap. Seoul.
- "LG Energy Solution: Battery giant jumps in market debut". BBC. January 27, 2022.
External links
- Official website
- Business data for LG Energy Solution:
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