LG Energy Solution closed 2025 facing a sharp divergence between its electric vehicle (EV) and energy storage system businesses, with slowing EV demand, particularly in North America, dragging on ...

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 ...

NextStar Energy Inc, a Canadian battery manufacturing joint venture between Stellantis and South Korea’s LG Energy Solution, is switching some of its production capacity to lithium-iron-phosphate (LFP ...

LG Energy Solution is clearly positioning its energy storage system (ESS) business as a next-generation growth engine, simultaneously expanding both production and orders. As demand for ESS gradually ...

LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, including the estimated US Inflation ...

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today ...

LG Energy Solution is betting on rapid growth in the North American energy storage system market to offset a slowdown in electric vehicle demand, as expanding investments in AI data centers and ...

SK On staged a dramatic turnaround, winning the majority of a 1 trillion won ($695.3 million) contract in the South Korean ...

“Crackle, crackle.” On the 19th of last month in Bac Giang City, located 50 km northeast of Hanoi, the capital of Vietnam. At Seojin System’s Factory 4, two robotic arms continuously sparked welding ...

For its ESS batteries, the company started local production of its LFP [1] batteries in North America and plans to expand the form factors from pouch-type to prismatic batteries. It also enhanced its ...

$50 million financing package provided by the Export-Import Bank of the United States of America will enable ESS to expand manufacturing capabilities, achieve cost efficiencies and accelerate ...