LG Energy Solution Ltd

Company Profile

• Business description

  LG Energy Solution is the third-largest battery maker for electric vehicles with about 11% global share in 2024, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for more than 60% of total revenue in 2024. LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem’s battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland, and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai, and Stellantis.

• Contact

  108 Yeoui-daero
  Tower 1
  Yeongdeungpo-gu
  Seoul07335
  KOR

  T: +82 237771114

  https://www.lgensol.com

• Sector

  Industrials

  Stock type

  Sensitive

• Industry

  Electrical Equipment & Parts

  Fiscal Year End

  31 December 2026

  Employees

  12,644