LGES to start ESS battery production in US next year to tap into booming market

South Korean battery producer LG Energy Solution (LGES) will start energy storage systems (ESS) battery production in the US in 2025 as it looks to tap the booming demand for energy storage in western markets. LGES said it plans to launch high capacity lithium iron phosphate (LFP) ESS batteries and expects substantial revenue from long-term, […]