(사진= LG에너지솔루션)

[Alpha Biz=(Chicago) Reporter Kim Jisun] LG Energy Solution is planning to expand its plant in China, which is leading the global electric vehicle market. As its Chinese plant is a major base for producing all key products such as small to medium to large batteries and energy storage systems (ESS), it plans to strengthen its production capacity in line with the increase in global battery demand.

According to the industry on the 5th, LG Energy Solution has recently placed an order for the construction of a new small battery at its Nanjing plant in China and is working on a new line. As of last year, the company plans to expand its production capacity at its 62GWh plant in Nanjing to 145GWh by 2025.

LG Energy Solution is a representative company that supplies cylindrical batteries to Tesla along with Panasonic in Japan. Thanks to Tesla's strong sales of electric vehicles, sales of cylindrical batteries supplied to Tesla are also on the rise. The small battery sector, which includes cylindrical batteries, is making steady profits for LG Energy Solutions.

LG Energy Solutions has expressed its willingness to strengthen its production line around cylindrical tubes at its Ochang plant in Korea, Nanjing in China and new factories in Arizona in the U.S. Nanjing, China, plans to increase its cylindrical battery production capacity to 60GWh by 2025.

 

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