LG ENERGY SOLUTION History - Founding, Milestones & Growth Journey

History

Year	Detail
2020	LG Energy Solution was established and launched in 2020 as a spin-off of LG Chem's battery division, becoming a standalone entity focused on lithium-ion batteries.
2022	LG Energy Solution acquired NEC Energy Solutions, a grid battery integrator based in the U.S., to expand its Energy Storage System (ESS) business offerings.
2025	LG Energy Solution partenered with Doosan Bobcat to develop battery pack solutions for compact construction equipment, with the aim of accelerating electrification in this sector.

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