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 ...

$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 ...

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 (LGES), Samsung SDI, and ...

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 ...

Earnings call Samsung SDI reported Q4 2025 revenue of KRW 3.9T (+26.4% QoQ, +2.8% YoY) but posted a KRW 299B operating loss, driven by EV battery weakness. Management expects a return to profitability ...

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 ...

Major battery maker LG Energy Solution reported a sharp rebound in operating profit last year, driven largely by the expansion of its energy storage system (ESS) business in North America, as it ...

“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 ...