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LG Energy Solution
Profile
LGES will be able to compete with CATL after its IPO in 2022. It is very active in capacity planning and overseas plant deployment. LG Chem can continue to provide battery materials. LGES is developing solid-state battery technology and has started to develop battery recycling business.
Business Info
IndustryElectrical Components
Place of ResidenceSouth Korea
Market Cap - End of 2022 ($M) 81,122
2021 Revenue ($M)15,616
Rank of 2021 Revenue66
2021 Profit ($M)714
Rank of 2021 Profit67