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LG Energy Solution breaks ground for EV, ESS batteries plant in Arizona

LG Energy Solution on Wednesday offered a glimpse into its ongoing battery factory construction project in Arizona to the state governor and local authorities, explaining that the company is taking a critical step forward to lead the country s rise in the battery market ahead of its global rivals, according to one of Korea s biggest battery developers, Thursday. ....

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LG, Qualcomm partner for EV battery monitoring

LG Energy Solution on Sunday announced a partnership with Qualcomm Technologies to develop an intelligent battery monitoring system for electric vehicles, aiming to simplify battery management for EV owners. This collaboration merges LG's expertise in battery management with Qualcomm's Snapdragon Digital Chassis platform, which is a comprehensive suite of automotive solutions including connectivity, digital. ....

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LG Energy Solution beefs up supply chain for EV materials

LG Energy Solution on Wednesday announced that it had signed a supply deal with Australian lithium producer Wesfarmers Chemicals, Energy and Fertilisers, bolstering the supply chain of key materials for producing electric vehicle batteries within the boundaries of the United States' free trade agreement to cope with Washington’s incentive policy under the Inflation Reduction Act. According to the announcem. ....

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LG Energy Solution invests in US lithium-metal battery firm

LG Energy Solution on Thursday announced a strategic equity investment in Sion Power, an Arizona-based battery technology developer, in a bid to take the lead in next-generation lithium-metal battery technologies. Established in 1994, the US battery technology firm boasts over 470 international patents, particularly in pioneering core technologies needed for lithium metal batteries. One of the company's advanced. ....

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LG Energy Solution 2023 operating earnings up 78.2% to $1.6 bil.

LG Energy Solution on Tuesday estimated its 2023 operating profit at 2.16 trillion won ($1.6 billion), up 78.2 percent from a year earlier. ....

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