LG Energy Solution

Korea's LG Energy Solution (LGES) is a major player in the battery maket. It has been making aggressive moves in a bid to expand its market share.

IN THE NEWS

Saturday 21 March 2026

Tesla's US$4 billion battery deal signals a shift away from China

US government disclosures have cast rare light on one of the electric vehicle (EV) industry's most closely guarded supply chains, confirming...

Thursday 19 March 2026

US reveals Tesla battery deal with LG, lifting veil on supply chain

US government disclosures have shed unusual light on a closely guarded corner of the electric vehicle supply chain, confirming that LG Energy Solution signed a battery supply agreement...

Tuesday 17 March 2026

Inter Battery 2026: Global battery market still centered on LFP

Rapid growth in global electric vehicle (EV) and energy storage demand is accelerating shifts in the battery industry landscape. South Korea's three major battery makers, LG Energy...

Tuesday 10 March 2026

LGES reportedly drops LG Chem cathodes, taps L&F for Tesla battery supply

LG Energy Solution (LGES) is reportedly preparing to replace cathode materials supplied by its parent company, LG Chem, in batteries destined for Tesla, opting instead for products...

Tuesday 24 February 2026

South Korean battery leaders ramp up LFP production for North American ESS market

The surge in demand for energy storage systems (ESS) in North America is fueling a competitive push among South Korea's three leading battery manufacturers—LG Energy Solution...

Tuesday 30 December 2025

LG battery supply withdrawals signal reassessment of growth expectations in EV sector

LG Energy Solution has ended its battery supply agreement with US module maker FBPS (Freudenberg Battery Power System), following a separate contract termination with Ford Motor Company,...

Sunday 28 December 2025

Honda and LG pivot to hybrids as US EV demand weakens

As demand for electric vehicles cools in the United States, Honda Motor of Japan and LG Energy Solution of South Korea are making a significant course correction in their North American...

Thursday 18 December 2025

LG Energy Solution terminates US$6.5 billion EV battery contract with Ford amid demand concerns

LG Energy Solution (LGES) has ended a major electric vehicle (EV) battery supply agreement with Ford Motor Company valued at about KRW9.6 trillion (approx. US$6.53 billion). The termination...

Monday 10 November 2025

Weekly news roundup: LGES probes tech Theft; ASML pivots in China; Samsung sparks market chaos; Nexperia feud explodes

Below are the top DIGITIMES Asia stories from November 3 to November 10, 2025.

Monday 10 November 2025

India roundup: Nvidia, Qualcomm join US$1B India deep tech alliance as Apple breaks into top 5 smartphone brands

Global investors, including Nvidia and Qualcomm Ventures, are backing India's deep-tech sector. Meanwhile, LGES faces a battery tech leak linked to Ola Electric,

Monday 10 November 2025

Ola Electric rejects tech theft claims as rivals question its battery breakthrough

According to the Economic Times, Ola Electric issued a statement on November 9, rejecting media reports that linked the company to the alleged theft of South Korean pouch...

Thursday 6 November 2025

LGES probes alleged leak linked to India's Ola Electric

South Korean electric vehicle (EV) battery maker LG Energy Solution (LGES) is facing a major security breach involving the theft of its high-density pouch-type battery technology,...

Tuesday 4 November 2025

Samsung SDI reportedly in talks with Tesla for US-based energy storage batteries

Samsung SDI is reportedly negotiating with Tesla to supply batteries for energy storage systems, aiming to leverage rising demand from AI data centers and renewable energy projects...

Sunday 26 October 2025

LGES approaches China's battery market with time compression, accumulation strategy

In the face of policy and capital competition pressure from Chinese companies, LG Energy Solution (LGES) is implementing a strategy that combines time compression and accumulation...

Thursday 16 October 2025

Research Insight: South Korea challenges China's battery dominance with LFP push

Lithium iron phosphate (LFP) batteries—long praised for their affordability and safety—are gaining traction among Western...

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