Develops and manufactures lithium-ion battery cells, modules and packs for electromobility, ESS and industrial sectors.
LG Energy Solution Ltd.
Seoul (KR) · Cheongju (KR) · Yeosu (KR) · Nanjing (CN) · Holland, Michigan (US) · Ohio (US) · Arizona (US) · Kobierzyce (PL) · Indonesia (ID) · Canada (CA)New on Amplifa
About LG Energy Solution
LG Energy Solution is a publicly listed South Korean company headquartered in Seoul, created in December 2020 as a spin-off of LG Chem's battery business. The company manufactures lithium-ion battery cells in cylindrical and pouch formats as well as modules, BMS and packs as a Total Battery Solution for electric vehicles, commercial vehicles, stationary energy storage (ESS), light electric vehicles, IT devices, power tools, construction machinery and robotics. The cell chemistries used are NCM and LFP; R&D covers sodium-ion, bipolar, lithium-sulfur and sulfide-based solid-state batteries. Production takes place at sites in six countries including Korea, China, the USA, Poland, Indonesia and Canada; the Kobierzyce plant in Poland counted among the largest worldwide in 2019 with 15 GWh. With around 32,760 employees, more than 20,000 registered patents and revenue of KRW 23.7 trillion, the company supplies automakers such as GM, Hyundai, Ford, VW, Tesla and Volvo, as well as ESS customers and cooperation partners such as Doosan Bobcat and BYD/FinDreams.
- Site
- Seoul
- Processes
- Manufacture of cylindrical lithium-ion battery cells (원통형 배터리), Manufacture of pouch cells (파우치형 배터리, ultra-slim high-density structure), Battery cell, module and pack manufacturing (셀, 모듈, 팩), Total battery solution incl. BMS (Battery Management System) and technical support, Battery pack solutions for electric construction machinery (electric excavators, electric forklifts,, Manufacture of stationary energy storage (ESS) for grid/commercial/UPS applications; since 2023, High-volume manufacturing of cylindrical LFP batteries 4680 (strategic alliance with BYD/FinDreams), Battery recycling / second-life reuse of vehicle batteries as ESS batteries
- Materials
- NCM (Lithium Nickel Cobalt Manganese Oxide), LFP (Lithium Iron Phosphate), Lithium-ion (general), Sodium-ion (소듐이온), Hard Carbon (하드카본, anode material sodium-ion), Sulfur-carbon composite (lithium-sulfur cathode), Lithium metal (lithium-sulfur anode), Solid-state electrolyte, sulfide-based
- Founded
- 2020-12
- Employees
- 32760
- Industries
- Passenger car electromobility (EV), Commercial vehicles (buses, trucks), ESS / energy storage / smart grid, LEV (Light Electric Vehicles), Smart devices / IT / household appliances, Power tools
- 01
Cell chemistry/material development
- 02
Cell manufacturing (cylindrical, pouch)
- 03
Module and pack manufacturing
- 04
BMS integration and systems engineering
- 05
Battery diagnostics and monitoring services (BMTS)
- 06
Recycling / second-life reuse
Cell chemistries and processes
Lithium Nickel Cobalt Manganese Oxide
Cathode chemistry with high energy density and performance, e.g. for EV and industrial batteries.
Lithium Iron Phosphate
Chemistry with high safety and cost-effectiveness, since 2023 manufactured in large series in Nanjing, among others, for ESS storage.
Sodium-Ion (with Hard Carbon Anode)
In development as a cost-effective alternative for 12V products, ESS and affordable EVs.
Lithium-Sulfur (Sulfur-Carbon Cathode, Lithium-Metal Anode)
Anode with more than double the energy density per weight compared to Li-ion; target applications UAM and drones.
Sulfide-Based Solid-State Electrolyte
Basis of the solid-state battery with anodeless design, planned series maturity 2029.
Semi-Solid Electrolyte (Bipolar Cell)
Series-connected bipolar structure for higher voltage and cost reduction, planned series maturity 2028.
Production sites
Seoul
KRHeadquarters
Cheongju
KRProduction
- Lot size
- High-volume series
- Materials
- Lithium-ion
Yeosu
KRProduction of carbon nanotubes (since 2017)
- Materials
- Cast
Nanjing
CNProduction (from 2004), since 2023 LFP for ESS
- Lot size
- High-volume series
- Materials
- LFP
Holland, Michigan
USProduction (from 2012)
- Lot size
- High-volume series
- Materials
- Lithium-ion
Ohio (Ultium Cells)
USProduction JV with GM; additionally Honda JV (construction from 2023)
- Lot size
- High-volume series
- Materials
- Lithium-ion
Arizona
USProduction (construction from 2024)
Kobierzyce (near Wrocław)
PLProduction (completed 2017, production from 2018), 8 production lines, approx. 15 GWh in 2019
- Lot size
- High-volume series
- Materials
- Lithium-ion
- Battery cell production lines (8)
Indonesia
IDProduction JV with Hyundai Group
Canada
CAProduction JV (Nextstar Energy with Stellantis)
Industries
Processes & technical limits
| Processes | Tolerance | Max. part | Weight | Lot size | Materials |
|---|---|---|---|---|---|
| Manufacture of cylindrical lithium-ion battery cells (원통형 배터리)Other | – | – | – | – | Lithium-ion, NCM, LFP |
| Manufacture of pouch cells (파우치형 배터리, ultra-slim high-density structure)Other | – | – | – | – | Lithium-ion, NCM, LFP |
| Battery cell, module and pack manufacturing (셀, 모듈, 팩)Assembly | – | – | – | – | NCM, LFP |
| Total battery solution incl. BMS (Battery Management System) and technical supportEngineering | – | – | – | – | – |
| Battery pack solutions for electric construction machinery (electric excavators, electric forklifts,Other | – | – | – | – | NCM |
| Manufacture of stationary energy storage (ESS) for grid/commercial/UPS applications; since 2023Other | – | – | – | – | LFP, Lithium-ion (NCM) |
| High-volume manufacturing of cylindrical LFP batteries 4680 (strategic alliance with BYD/FinDreams)Other | – | – | – | – | LFP |
| Battery recycling / second-life reuse of vehicle batteries as ESS batteriesOther | – | – | – | – | – |
| R&D and planned manufacture of sodium-ion batteries (소듐이온 전지, 12V products, ESS, affordable EV)Other | – | – | – | – | Sodium-ion, Hard Carbon, Sodium-ion electrolyte |
| R&D on sulfide-based solid-state batteries (전고체 전지, anodeless, planned series maturity 2029)Other | – | – | – | – | Solid-state electrolyte (sulfide) |
| R&D on bipolar batteries (바이폴라 전지, series interconnection, semi-solid electrolyte, planned seriesOther | – | – | – | – | – |
| R&D on lithium-sulfur batteries (리튬황 전지, sulfur-carbon cathode, lithium-metal anode)Other | – | – | – | – | Sulfur-carbon composite, Lithium metal |
| Battery diagnostics and monitoring services (BMTS: B-Lifecare, B.once, B.around, KooRoo, ESS SI,Testing | – | – | – | – | – |
| R&D on battery materials and process advancement (배터리 소재, 공정, 차세대전지, 선행연구, Pack, BMS)Engineering | – | – | – | – | – |
7 Anlagen & Maschinen
| Machine | Manufacturer / model | Quantity | Working area | Year built | Site |
|---|---|---|---|---|---|
| Battery cell production lines | – | 8 | – | – | Kobierzyce plant near Wrocław, Poland (2 production buildings) |
| Production facility for carbon nanotubes (for lithium-ion batteries) | – | – | – | 2017 | Yeosu, South Korea |
| Battery cell factory | – | – | – | 2004 | Nanjing, China |
| Battery cell factory | – | – | – | 2012 | USA |
| Battery cell factory (joint venture) | – | – | – | 2017 | Poland |
| Battery cell factory | – | – | – | 2024 | Arizona, USA |
| Battery cell factory (joint venture) | – | – | – | – | Indonesia (with Hyundai Motor Group) |
Additional services
Reference customers
History
- 1947
Founding of Lucky Chemical Industrial Corporation, beginning of the LG Group.
- 1992
Start of research on lithium-ion batteries at LG Chem.
- 1996
Start of development of lithium-ion batteries.
- 1999
First mass production of cylindrical lithium-ion cells (Korea's first lithium-ion battery).
- 2000
Establishment of a research site in the USA.
- 2004
Completion of the Nanjing plant, China.
- 2009
World's first series production of traction batteries (GM Chevrolet Volt).
- 2012
Completion of the EV battery plant in Holland, Michigan (USA).
- 2013
Development of novel battery formats (Stepped, Curved, Wire Battery).
- 2015
GM names LG Chem Supplier of the Year; success of the RESU home storage systems.
- 2017
Completion of the EV battery plant in Kobierzyce (Poland); establishment of carbon nanotube production in Yeosu.
- 2018
Development of the Freeform battery; start of production in Poland.
- 2019
Poland plant among the largest in the world with 15 GWh; JV agreement with GM for Ohio.
- 2020
Spin-off from LG Chem and founding of LG Energy Solution (December); Ultium Cells JV with GM; test flight with lithium-sulfur battery (13 h) with KARI.
- 2021
Industry's first simultaneous RE100 and EV100 member; JV construction with Hyundai Group in Indonesia.
- 2022
IPO on the Korea Exchange (27.01., until then the largest IPO in South Korea); third GM JV; Nextstar Energy JV with Stellantis.
- 2023
MOU Ford-Koç (Turkey JV); groundbreaking for Honda JV plant Ohio; JV with Hyundai in North America; recycling JV with Huayou Cobalt; LFP production Nanjing; alliance with FinDreams (BYD) for cylindrical LFP 4680.
- 2024
Start of construction of the Arizona plant; launch of the BMTS brand B.around.
- 2025
Acquisition of Ultium Cells Phase 3; high-volume production of LFP for ESS in the USA; recycling JV with Toyota Tsusho; launch of B.once; more than 20,000 patents (69,631 applications).