LG Energy Solution
Supplier Intelligence Card
Supplier Snapshot
- Core category
- Batteries & Energy
- Country / headquarters
- South Korea · Seoul, South Korea
- Manufacturing locations
- Not recorded
- Production-volume fit
- Mass market · Specialist / low volume
- Certifications
- IATF 16949 (Automotive Quality) · ISO 9001 (Quality Management) · ISO 14001 (Environmental Management) · ISO 45001 (Occupational Health & Safety) · ISO 22301 (Business Continuity) · ISO 17025 (Testing & Calibration) · Ford Q1 Certificate
- Programme / OEM evidence
- View programme evidence below
- Capacity / lead time
- Aiming for an annual production capacity of 540 GWh by 2025 across multiple global hubs, with a current reported order backlog of approximately 440 GWh. · Variable based on OEM development cycles and long-term supply agreements.
- Company / risk status
- Company status not recordedView risk access and details below
- Verification / data confidence
- Trayce Verified: Unverified — no published review
Data confidence: UNKNOWN
Why consider this supplier?
LG Energy Solution (LGES) is a global leader in the lithium-ion battery industry, specializing in the development and manufacturing of high-performance energy solutions. Established as a spin-off from LG Chem in 2020, the company leverages decades of expertise to provide batteries for electric vehicles, energy storage systems, and mobile devices.
Production-volume fit: Mass market · Specialist / low volume
Components & Manufacturing Capabilities
Components Offered
Automotive battery cells (pouch and cylindrical types including 2170 and 46-series), battery modules, high-voltage battery packs, Battery Management Systems (BMS), Cell-to-Pack (CTP) components, and Safety Reinforced Separators (SRS).
Products & Services
LG Energy Solution provides a comprehensive range of lithium-ion battery solutions, including high-capacity cells, modules, and complete battery packs for electric vehicles (EVs), plug-in hybrids (PHEVs), and hybrid electric vehicles (HEVs). Their services extend to battery management systems (BMS), energy storage solutions (ESS) for grid and residential use, and battery lifecycle services such as recycling, leasing, and diagnostics through their B.around and B-lifecare platforms.
Key Technologies
R&D Focus
Development of next-generation battery technologies including Solid-State Batteries and Lithium-Sulfur Batteries; advancement of dry electrode processes, high-voltage Mid-Ni chemistries, and software-defined vehicle (SDV) BMS solutions.
Certifications
Automotive Programme Evidence
Recorded project examples, vehicle supply relationships and pipeline programmes appear here when available.
Capacity & Commercial Fit
Production-volume fit: Mass market · Specialist / low volume
- Country / headquarters
- South Korea · Seoul, South Korea
- Manufacturing locations
- Not recorded
- Service regions
- Asia · North America · Europe
- Typical lead time
- Variable based on OEM development cycles and long-term supply agreements.
- Production capacity
- Aiming for an annual production capacity of 540 GWh by 2025 across multiple global hubs, with a current reported order backlog of approximately 440 GWh.
Only evidence-backed manufacturing locations are listed. Headquarters and service regions remain separate. Capacity and lead times are supplier-profile evidence and should be confirmed during qualification.
Target Markets
Capacity Updates
4 plant changes tracked
Procurement Enquiry
Interested in working with LG Energy Solution? Send a structured procurement or technical enquiry directly.
Risk & ESG
Company status: Not recorded
Sustainability & ESG
- RE100 Commitment (100% renewable energy by 2030)
- Carbon Neutrality by 2050
- Closed-loop Battery Recycling Partnership with Li-Cycle
- Zero Waste to Landfill Certification
- Responsible Mineral Sourcing and Supply Chain ESG Monitoring
Sources & Verification
Trayce Verified
Unverified — no published review
Trayce Verified applies only to the dimensions shown as independently sourced below. It is separate from paid Enhanced Profiles and does not guarantee capacity, lead time or supplier suitability.
Company identity
Unknown — not reviewed
Manufacturing location
Unknown — not reviewed
Certifications
Unknown — not reviewed
Programme relationships
Unknown — not reviewed
Source counts describe profile citations, not independently verified checks. Certification review applies to the recorded dimension; individual certificates, capacity and lead times are not verified by this panel.
More company information
Annual Report
2025 — LG Energy Solution
Revenue
KRW 23.7tn
Automotive share
0%
Net profit / loss
KRW 1.35tn (Operating Profit)
R&D expenditure
KRW 1.304tn
Capital expenditure
KRW 13tn
Employees
32,760
Key highlights
- Consolidated annual revenue reached KRW 23.7 trillion, a 7.6% decrease year-on-year primarily due to a slowdown in global electric vehicle (EV) demand.
- Operating profit surged 134% to KRW 1.35 trillion, driven by strong growth in the Energy Storage System (ESS) segment and U.S. IRA production incentives.
- Successfully commenced mass production of next-generation 46-Series cylindrical batteries at the Ochang plant in South Korea.
- Secured a major $1.4 billion battery supply contract with Mercedes-Benz and reached an order backlog of 300GWh for 46-Series batteries.
- Strategic reallocation of idle EV production lines in Poland and the U.S. to ESS manufacturing to improve operational efficiency.
Awards & Recognition
- Ford Motor Company Q1 Award
- Supplier of the Year from General Motors
- Top Battery Patent Holder Globally (90,000+ patents)
- Founded
- 2020
- Employees
- 30,000+
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