LG Energy Solution established Vertech, an ESS subsidiary, in the U.S. in 2022. The company is exploring ways to convert underutilized EV battery production lines in Europe and the U.S. into ESS ...

SEOUL, Dec. 20 (Yonhap) -- LG Energy Solution Ltd. (LGES), South Korea's leading battery maker, said Friday its U.S. unit has signed a multi-year deal to supply energy storage systems (ESS ...

Originally designed as a North American EV battery manufacturing base, the Michigan plant will now incorporate an ESS production line on a site previously reserved for expansion. This marks LG ...

North America will account for up to 70% of LG’s ESS sales by 2030, helping triple its total revenue from the sector in the next five years, he said. Chang declined to give any details on the ...