LG Energy Solutions

Honda, LG Energy Begin Construction of Multi-Billion Ohio EV Battery Plant

Honda and LG Energy Solution have announced the beginning of the construction of their joint venture electric vehicle battery plant that will be spread over 2 million square feet in Fayette County in Ohio. In January, 2023, Honda said that the two companies have committed to invest $3.5 billion in the new joint venture (JV) […]

Read more

Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation

According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […]

Read more

Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles

LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […]

Read more