LG Chem establishes Energy Solution unit to develop battery business
Published: Thursday, 03 December 2020
South Korean battery maker LG Chem, one of the leading suppliers of batteries for electric vehicles (EVs), announced on Tuesday December 1 the launch of wholly owned subsidiary LG Energy Solution, intended to develop the group’s battery-related business.
LG Chem closed its original battery business division and
formally set up LG Energy Solution to better develop the
battery side of the the group’s activities,
according to an official company statement.
The new company has appointed as its first president Kim
Jong Hyun, who formerly held the same...