LG Energy Solution Releases 2025 Financial Results
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 and mid-single-digit percent operating profit...
Tulip Innovation Patent Claims Against Sunwoda Batteries Expand to Include KTC Action
BUDAPEST, Hungary, Jan. 26, 2026 /PRNewswire/ -- On 19 January 2026, the Korea Trade Commission (KTC) instituted a case based on claims filed by Tulip Innovation that Sunwoda's lithium-ion battery cells and Geely Auto Group's battery packs -...
LG Energy Solution and Toyota Tsusho Establish a Battery Recycling Joint Venture in the U.S.
The joint venture company Green Metals Battery Innovations will construct a pre-processing facility in North Carolina to extract black mass, a key material for battery recycling The new facility objective is to achieve an annual processing capacity...
LG Energy Solution Releases 2025 First-Quarter Financial Results
LG Energy Solution posts KRW 6.3 trillion in consolidated revenue and KRW 375 billion in operating profit in Q1 2025 Company returns to profitability through rigorous cost-cutting efforts Company to focus on operational efficiency, cost reduction,...
LG Energy Solution Establishes Battery Recycling Joint Venture with Derichebourg
Companies to build pre-processing facility in northern France to extract 'black mass.' Construction to begin in 2026; operations to commence in 2027 LG Energy Solution marks a critical first step toward a closed-loop system in Europe to strengthen...
LG Energy Solution Secures Grid-scale ESS Supply Agreement in Europe with Poland's PGE
LG Energy Solution to supply 981MWh of grid-scale ESS batteries from 2026 to 2027 The company to deliver first grid-scale ESS batteries manufactured at its Poland facility SEOUL, South Korea, March 25, 2025 /PRNewswire/ -- LG Energy Solution...
LG Chairman Koo Kwang-mo Champions Group's "Second Leap" in Key Global Markets
Strategic Visits to Bengaluru, New Delhi, and Dubai to Enhance Future Growth Strategies SEOUL, South Korea, March 4, 2025 /PRNewswire/ -- LG Corp. (LG) Chairman and CEO Koo Kwang-mo has initiated a "Second Leap" for LG with strategic visits to key...
LG Energy Solution Releases 2024 Financial Results
LG Energy Solution posts KRW 25.6 trillion in consolidated revenue and KRW 575.4 billion in operating profit in 2024 Company to focus on proactively responding to market volatilities in the short term and securing fundamental competitiveness in the...
LG Energy Solution Ranked as the World's 12th Most Sustainable Company, Number One Among Battery Manufacturers
Corporate Knights acknowledges LG Energy Solution in the World's 100 Most Sustainable Corporations 2025 list, placing it in the top position among its industry peer group Recognition in sustainable revenue and sustainable investment were the main...
LG Energy Solution Hosts 'Battery Innovation Contest (BIC) 2025' to Foster Breakthrough Battery Technologies
The company opens international research contest to strengthen technology leadership; open for entries until January 31, 2025 Selected researchers to receive annual research funding of up to USD 150,000 annually BIC program revamped to enhance...