LG Energy Solution is restructuring the production portfolio of its local joint venture plants in North America in response to the slowdown in electric vehicle demand in the region. The company is ...

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 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 ...

On March 10, Hanyang Securities analyzed that Sangsin EDP is a component manufacturer poised to benefit from both the expansion of the North American energy storage system (ESS) market and the global ...

Samsung SDI stated that it has already secured orders amounting to 90% of its production capacity in the energy storage system (ESS) business. It also announced plans for additional capacity expansion ...

May 29 (Asia Today) --LG Energy Solution sees the electric vehicle slowdown as an opportunity to expand its energy storage system business as artificial intelligence data centers drive surging ...

Canada’s first large-scale battery manufacturing plant has launched a new battery pack production line at its Windsor, Ont., ...

Major battery makers are ramping up efforts to expand in the U.S. energy storage system (ESS) market, driven by surging ...

Samsung SDI is set to begin mass production of cost-competitive lithium iron phosphate, or LFP, batteries for energy storage systems as early as late this year, capitalizing on the anticipated decline ...

NextStar Energy, a 50:50 joint venture between Korea’s LG Energy Solution and Stellantis, said Monday it will begin producing energy storage system batteries later this month at its Windsor plant in ...