LG Energy Solution to Invest KRW 7.2 Trillion to Build Battery Manufacturing Complex in Arizona, Step Up EV and ESS Battery Production in North America
The largest single investment ever for stand-alone battery manufacturing facility in North America The new manufacturing complex to produce cylindrical batteries for EVs (27GWh) and LFP pouch-type batteries for ESS (16GWh), with total annual production capacity reaching 43GWh Production to start in 2025 and 2026 respectively, addressing customers’ needs for locally manufactured batteries in response […]
a cylindrical battery ESS LFP
Will LFP Battery Become the Next Mainstream Battery?
Rechargeable batteries power a wide range of products, including electric vehicles, elevating convenience to a new level. Most of these batteries are lithium-ion batteries based on the chemical reaction of lithium. The lithium-ion battery is enabled by the electrical energy generated when lithium ions and electrons flow between the anode and cathode. Based on their […]
LFP LFP Battery LFPO LiFePO4