SEOUL, South Korea, April 29, 2026 /PRNewswire/ -- LG Energy Solution (KRX: 373220) today announced its first-quarter earnings for 2026, reporting an increased quarterly revenue mainly driven by ...

South Korea’s largest EV battery manufacturer, LG Energy Solution, reported a net loss of KRW 944 billion (US$ 636 million) in the first quarter of 2026.

LG Energy Solution announced on the 1st that it has begun large-scale production of lithium iron phosphate (LFP) batteries for energy storage systems (ESS) at its factory in Holland, Michigan. Among ...

LG Energy Solution is restructuring the production portfolio of its local joint venture plants in North America in response to the slowdown in electric vehicle demand in the region. The company is ...

South Korea's battery industry is breaking through the quagmire of slowing electric vehicle (EV) demand with energy storage ...

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 has halted construction of its battery production line for energy storage systems (ESS) in Arizona seven months after breaking ground in a chain response to the stalling EV market. ...

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 ...

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