On September 28, LG Chem signed memorandum of understanding (MoU) with Volkswagen Group to develop lightweight and sustainable materials for future vehicles. The companies will work together to expand the use of eco-friendly mobility materials.
The partnership will focus on developing next-generation plastics and com
South Korea’s LG Chem Ltd. (LG Chem) announced that it will begin supplying cathode materials for upgraded 2170 cylindrical batteries in the third quarter of 2026, with the products expected to make a full-scale contribution to sales from the fourth quarter.
For cathode materials for next-generation 46 mm-diameter cy
South Korea’s LG Chem Ltd. (LG Chem) announced that it has unveiled a plan to expand its electronic material business, from current KRW 1 trillion (JPY 110 billion) in sales to KRW 2 trillion (JPY 220 billion) by 2030. Prior to this, the company positioned automotive electronic components, semiconductors, and next-ge
LG Chem Ltd. (LG Chem) announced that it will participate in the InterBattery 2026 to be held in Seoul Special City from March 11 to 13, 2026, to showcase its integrated solution to lower battery fire risk. One of the solutions to be unveiled by the company this time, Super Flame Barrier (SFB), is a thermal-runaway-d
On December 8, multiple media reported that LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., has secured a USD 1.4 billion battery order from Mercedes-Benz for a seven-year supply deal running between March 2028 and June 2035.
Under the agreement, LG Energy Solution
LG Chem Ltd. announced that it has developed core technology to heighten the commercial viability of all-solid-state batteries. The company’s future material research center and Hanyang University’s research team have applied Spray-Recrystallization technology to the electrolyte particle manufacturing process. This e
South Korea’s LG Chem Ltd. announced that it has won an order for cathode materials for electric vehicles (EVs). The contract is valid from November 2025 to July 2029, and the sales under the deal are expected to reach KRW 3.76 trillion (JPY 413.8 billion). These cathode materials will be supplied for the US market,
South Korea’s LG Chem Ltd. has agreed to develop core materials for sodium-ion batteries jointly with China Petrochemical Corporation (Sinopec), a Chinese energy and chemical corporation. Based on the agreement, the two companies plan to develop cathodes and anodes for sodium-ion batteries to establish a stable supp
On October 29, ZEISS and LG Chem announced a partnership for photopolymer film supply on an industrial scale. These photopolymer films are a key material for Holographic Windshield Displays (HWD) in automotive. ZEISS is an internationally leading technology enterprise operating in the fields of optics and optoelectro
On October 28, 2025, NextStar Energy, a joint venture between LG Energy Solution and Stellantis, announced that it has completed primary construction for its battery plant in Windsor, Ontario, Canada. While minor construction activities continue in certain areas, NextStar Energy has received its occupancy permit for
LG Chem Ltd. (LG Chem) announced that it will acquire a 100% stake in its joint company in Hungary, which it established with Toray Industries, Inc. In June 2022, the two companies set up LG Toray Hungary Battery Separator Kft. on a 50:50 basis. This JV produces secondary battery separator films and delivers them to
According to several South Korean media sources, LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that it has completed the construction of its battery cell plant in Canada and acquired an occupancy permit from a Canadian authority. LG Energy Solution estab
South Korea’s LG Chem Ltd. (LG chem) has built an Autonomous Smart Lab in a lab specializing in analysis at its R&D Campus in the Daejeon Metropolitan City. The company's analytical research laboratory conducts precise analyses of raw materials, such as lithium, nickel, cobalt, and manganese, used in cathode material
LG Chem Ltd. (LG Chem) announced that Toyota Tsusho Corporation had acquired a 25% stake in LG-HY BCM Co., Ltd., LG Chem’s subsidiary. LG- HY BCM was established in 2021, as a company owned 51% by LG Chem and 49% by its Chinese partner, Zhejiang Huayou Cobalt Co., Ltd. Based in Gumi, Gyeongsangbuk-do, it has a struct
Several South Korean media sources reported that that LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that it had developed a technology to significantly shorten the time required to charge lithium metal batteries for electric vehicles (EVs). This technolo
LG Chem Ltd. (LG Chem) announced it will postpone the acquisition of the shares in its joint venture in Hungary from June 30, 2025, to December 19, 2025. In June 2022, the South Korean company jointly set up LG Toray Hungary Battery Separator Kft. with Toray Industries, Inc. from Japan on a 50:50 basis. The JV produc
LG Energy Solution Ltd., an electric vehicle (EV) battery manufacturing subsidiary of LG Chem Ltd., announced that it has won an order from O&J Automotive Netherlands BV, a subsidiary of China-based Chery Automobile Co. Ltd., for 46-phi cylindrical batteries. LG Energy Solution will begin supplying batteries on a ful
South Korea’s LG Chem Ltd. (LG Chem) announced that it will participate in the Chinaplas 2025, a plastic and rubber trade fair in Shenzhen, China, from April 15 to 18, 2025. The company plans to form six business zones at this year’s exhibit. In one of them, the Mobility Zone, the company will exhibit a radiator gril
Several South Korean media sources reported that LG Chem Ltd. (LG Chem) is reallocating staff at its separator plant in Cheongju-si, Chungcheongbuk-do. The company plans to discontinue operating low-speed production lines to reallocate workers to high-speed production lines in the first half of 2025, aiming to improv
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