Business project 6

Course Resource

LG Energy Solution

Established : 2020

Revenue : 10.5 billion dollars (2020)

Employees : 20,000 + (2021)

Industry : Energy storage

Product Line : Electric cars batteries

U.S. facilities : Michigan, and Ohio (will start production in 2023).

U.S. Consumers : GM (joint-venture) and Tesla

Competitors:

1. Contemporary Amperex Technology Co. (CATL)

2. Panasonic

3. Samsung Sources: LG Energy Solution (2021).

About us. https://www.lgensol.com Ulrich, L. (2021).

The Top 10 EV battery makers. https://spectrum.ieee.org/the-top-10-evbattery-makers