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Trades about 414% below its sector, cheaper than its peers on earnings.
Operating globally through its subsidiaries, LG Energy Solution, Ltd. delivers a comprehensive suite of energy solutions across South Korea, China, the Asia/Oceania region, the United States, Europe, and Africa. A key focus involves the production and supply of advanced automotive batteries, encompassing pouch-type cells, integrated modules/packs, and sophisticated battery management systems, all engineered for electric vehicles. The company also develops mobility and IT batteries, catering to a wide array of devices such as smartphones, laptops, light electric vehicles, e-bicycles, power tools, and wireless earphones. Furthermore, it provides energy storage systems (ESS) crucial for power grids, uninterruptible power supplies (UPS), and both commercial and residential applications. Beyond manufacturing, LG Energy Solution offers facility management, cleaning services, and ESS installation, while also engaging in strategic venture investments. Established in 2020 and headquartered in Seoul, South Korea, the company functions as a subsidiary of LG Chem Ltd.
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