Youngsoo Kwon

LGES to Construct $5.5 bn Battery Plant in Arizona
The objective of LGES is to step up EV and also ESS battery production in The United States and Canada. The complicated will certainly have two different production facilities: cylindrical batteries for EVs as well as lithium iron phosphate (LFP) pouch-type batteries for energy storage systems.
Mar 27, 2023 // Markets & Finance News, Storage, LG Energy Solution, Youngsoo Kwon, cylindrical battery, Inflation Reduction Act, LGES, largest standalone battery factory in USA, North America battery market, Queen Creek battery factory by LG
LG Energy Solution to set up EV battery JV with Stellantis in Canada
In October, LGES as well as Stellantis NV struck an electric vehicle (EV) battery manufacturing joint venture The JV aims to begin manufacturing by the first quarter of 2024 as well as aiming to have an annual production capacity of around 40 GW of batteries.
Mar 24, 2022 // Storage, Canada, North America, carlos tavares, LG Energy Solution Ltd, Stellantis NV, Youngsoo Kwon