LG Energy Solution, Ltd. (LGES) is a South Korean battery manufacturer and global leader in EV battery cells and modules, headquartered in Seoul. Spun off from LG Chem in 2020, LGES generates approximately $25 billion in revenues and employs approximately 30,000 people. LGES supplies pouch-type and cylindrical lithium-ion cells and battery modules to GM (Ultium JV), Stellantis, Ford, Volkswagen, Hyundai, Tesla, and Rivian. LGES operates joint ventures (Ultium Cells) with GM in Ohio and Tennessee and is building additional gigafactories in Michigan and Arizona.
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