LG Energy Solution produces automotive batteries for partners.

The entities involved

• LG Energy Solution →

  South Korean battery maker

  • Lordstown is facing corporate challenges, including corporate layoffs leading to a shrinking tax base, while General Motors and LG Energy Solution co-own the Ultium battery cell plant.Sat 03:58
• General Motors →

  American multinational automotive company

  • Investors are watching the market closely as Tesla prices in AI upside like Nvidia, while a competitor's launch failed to impress.Mon 15:23
  • Jefferies Financial Group reissued a hold rating on June 18, 2026.Mon 10:46

Related events

• LG Energy Solution and Hyundai are collaborating on a battery plant site where both companies operate facilities.Sep 17
• GM sold a 49.99% stake in a battery joint venture located in Indiana, inheriting a facility in New Carlisle.Aug 11
• LG Energy Solution is strengthening its local battery material supply chain in North America through a lithium concentrate agreement.Sep 1
• LG Energy Solution is expanding its production capacity in North America, with a new battery manufacturing facility opened to target the U.S. market.Aug 19
• LG Energy Solution is supplying battery storage systems for DTE's eight projects, which involve planned data center expansions in Michigan and utilize North American manufacturing bases.Jun 7