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LG Energy Solution
Korea's LG Energy Solution (LGES) is a major player in the battery maket. It has been making aggressive moves in a bid to expand its market share.
IN THE NEWS
Wednesday 27 October 2021
Tesla's use of LFP batteries to shake up South Korean battery industry
Telsa has announced that it will switch to lithium iron phosphate (LFP) batteries for its standard range Model S, 3, X and Y EVs, but will continue to use nickel cobalt manganese...
Thursday 16 September 2021
LGES likely eyeing LFP battery market by acquiring NEC ES
South Korea's LG Energy Solution (LGES) has acquired NEC Energy Solutions from Japan-based IT company NEC, a move that could expand the end market for its LFP batteries.
Tuesday 20 July 2021
EV battery competition heating up
Tesla's new 4680-format battery cells reportedly are facing delays as competition in the electric vehicle (EV) battery sector heats up. Taiwan-based Foxconn (Hon Hai) is clearly among...