LG Electronics Unveils First US Factory for Advanced EV Chargers

Jan 16, 2024 04:46 PM ET
  • LG Electronics opens first US factory for EV charging stations, boosting America's charging infrastructure. New tech jobs and revenue opportunities await in North Texas.

LG Electronics has opened its first factory in the United States for assembling electric vehicle (EV) charging stations. The factory, located in Fort Worth, Texas, is expected to have an annual capacity of over 10,000 units and will support the growth of America's EV charging infrastructure. The plant will initially produce Level 2 AC Chargers with load management solutions and variable current settings, and in the second quarter, it will start assembling LG's first Level 3 DC Charger. The Level 3 model will feature a large outdoor LCD touch-screen display that can generate extra revenue through ad sales.

The new factory is estimated to bring dozens of new tech jobs to North Texas and reinforces LG's commitment to the region as an innovation and manufacturing hub. LG's EV chargers will allow businesses, municipalities, and other public places to support the electrification of America with independently owned and operated charging stations that create new revenue streams and differentiation with competing businesses. LG's EV charger launch aligns with the company's broader electrification strategy, which includes a suite of whole home electrification products and the ThinQ Energy platform for energy control.

What are the features and benefits of LG's new EV charging stations factory in Texas?

  • The new factory in Texas is LG Electronics' first facility in the United States dedicated to assembling electric vehicle (EV) charging stations.
  • The factory is located in Fort Worth and is expected to have an annual capacity of over 10,000 units, supporting the growth of America's EV charging infrastructure.
  • Initially, the plant will produce Level 2 AC Chargers with load management solutions and variable current settings.
  • In the second quarter, the factory will start assembling LG's first Level 3 DC Charger, which will feature a large outdoor LCD touch-screen display.
  • The Level 3 charger's touch-screen display has the potential to generate extra revenue through ad sales, providing an additional benefit for businesses and municipalities.
  • The establishment of the factory is estimated to bring dozens of new tech jobs to North Texas, contributing to job growth in the region.
  • LG's EV chargers will enable businesses, municipalities, and other public places to support the electrification of America by offering independently owned and operated charging stations.
  • These charging stations will create new revenue streams and differentiation for businesses, allowing them to stand out from competitors.
  • The launch of LG's EV chargers aligns with the company's broader electrification strategy, which includes a range of whole home electrification products and the ThinQ Energy platform for energy control.
  • By expanding its manufacturing capabilities to the United States, LG demonstrates its commitment to innovation and manufacturing in the region.

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