LG Energy Solution

Seoul, South Korea Founded: 2020 • Age: 6 yrs
Lithium-ion batteries for various electric vehicle categories are manufactured.
Annual revenue $16.4B Latest available
Total funding - 1 rounds
Employees 12630 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About LG Energy Solution

LG Energy Solution is a company based in Seoul (South Korea) founded in 2020. It operates as a Direct-to-Consumer (D2C) and B2B2C. The company has 12,630 employees as of December 31, 2024. LG Energy Solution has completed 1 acquisition, including NEC Energy Solutions. LG Energy Solution offers products and services including Advanced Automotive Battery, Mobility & IT Battery, and ESS Battery. LG Energy Solution operates in a competitive market with competitors including Microvast, Contemporary Amperex Technology, Forsee Power, A123 Systems and Exponent Energy, among others.

  • Headquarter Seoul, South Korea
  • Employees 12630 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Phone
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  • Website
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  • Social
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  • Legal Name Lg Energy Solution Ltd.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $16.38 B (USD)
    -7.6
    as on Dec 31, 2025
  • Net Profit
    $55.91 M (USD)
    0
    as on Dec 31, 2025
  • EBITDA
    $1.45 B (USD)
    -51.89
    as on Dec 31, 2024
  • Latest Funding Round
    $2.8 M (USD), Grant

    May 27, 2024

  • Investors
    Not available
  • Employee Count
    12630

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of LG Energy Solution

LG Energy Solution is a publicly listed company on the KRX with ticker symbol 373220 in South Korea, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: KRX · Ticker: 373220 · Sector: Producer manufacturing · South Korea

Products & Services of LG Energy Solution

LG Energy Solution offers a comprehensive portfolio of products and services, including Advanced Automotive Battery, Mobility & IT Battery, and ESS Battery.

Product name locked
Category locked
Primary

Batteries are developed for electric vehicle applications.

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Innovative batteries are designed for various device applications.

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Energy storage solutions are provided for smart grids.

People of LG Energy Solution

Headcount 10000+
Employee Profiles 132
Employee Profiles
People
Sue Eggerding
Senior QA Tech
People
Sung Yim
Quality Assurance Engineer
People
Asrith Krishna
BMS Software Validation Engineer 2
People
Yangmoon Park
Test & Validation Engineer

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Funding Insights of LG Energy Solution

Investments & Acquisitions by LG Energy Solution

LG Energy Solution has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NEC Energy Solutions.

Investments
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Investment portfolio details for LG Energy Solution

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Platform that specializes in designing and manufacturing energy storage systems
Locked Locked 2002 Locked
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Complete acquisition details for LG Energy Solution

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Financial Statements - LG Energy Solution

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Detailed financials for LG Energy Solution

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Lg Energy Solution Comparisons

LG Energy Solution Primary company
Description
Lithium-ion batteries for various electric vehicle categorie...
Location
Seoul, South Korea
Founded Year
2020
Annual Revenue
$16.38 B (USD)
Net Profit
$55.91 M (USD)
EBITDA
$1.45 B (USD)
Employees
12,630
As of 2024
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Peer comparison for LG Energy Solution

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Competitors of LG Energy Solution

LG Energy Solution operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Microvast, Contemporary Amperex Technology, Forsee Power, A123 Systems and Exponent Energy, among others.

Company Name Domain Founded year HQ Location Description
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Lithium-ion batteries for multi-category electric vehicles are developed.
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Comprehensive solutions for electric vehicles and energy storage are provided.
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Lithium battery systems for electric vehicles and gadgets are manufactured.
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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Rapid-charging technology for electric vehicles is developed and scaled.
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Solid-state lithium-ion batteries are developed with solid electrolyte layers.
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Detailed competitors of LG Energy Solution

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Latest news on Lg Energy Solution

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Complete news archive for LG Energy Solution

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Frequently Asked Questions about LG Energy Solution

LG Energy Solution was founded in 2020 and raised its 1st funding round 4 years after it was founded.

LG Energy Solution is headquartered in Seoul, South Korea.

As of Dec 31, 2024, the latest employee count at LG Energy Solution is 12,630.

Annual revenue of LG Energy Solution is $16.38B as on Dec 31, 2025.

LG Energy Solution is involved in the production of advanced batteries for automotive, mobility, IT, and energy storage systems. The company operates in the renewable energy sector, focusing on sustainable solutions and environmental protection. A global network is maintained across key regions like South Korea, China, and the United States. Efforts are made to build a sustainable battery ecosystem, manage ESG risks, and promote a circular economy. Transparent supply chain management is prioritized to ensure responsible mineral procurement. Additionally, a reprocessing system for waste batteries is being developed to uphold sustainable values.

LG Energy Solution's top competitors include Microvast, Solid Power and Exponent Energy.

LG Energy Solution offers Advanced Automotive Battery, Mobility & IT Battery, and ESS Battery.

Yes, LG Energy Solution is publicly traded on KRX under the ticker symbol 373220.

LG Energy Solution has made 1 acquisition, including NEC Energy Solutions.

The ticker symbol of LG Energy Solution is 373220 on KRX.

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