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LG Energy Solution - About the company

LG Energy Solution is a funded company based in Holland (United States), founded in 2020. It operates as a Company manufacturing batteries for electric vehicles, mobility, IT, and more. The company has 1090 active competitors, including 95 funded and 162 that have exited. Its top competitors include companies like Sunwoda Electronic, EnerSys and FlexGen.

Company Details

LG Energy Solution Michigan is a subsidiary of LG Energy Solution, a global leader in manufacturing lithium-ion batteries for electric vehicles, mobility, IT, and more. The company recently announced a $1.7 billion investment in Holland that will create 1,200 new jobs.
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Registered Address
Holland, Michigan
Key Metrics
Founded Year
2020
Location
Holland, United States
Stage
Funding Raised
Ranked
Employee Count
468 as on Jul 31, 2026
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LG Energy Solution's funding and investors

LG Energy Solution is a funded company.

LG Energy Solution's founders and board of directors

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LG Energy Solution's employee count trend

LG Energy Solution has 468 employees as of Jul 26. Here is LG Energy Solution's employee count trend over the years:
Employee count trend for LG Energy Solution
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LG Energy Solution's Competitors and alternates

Top competitors of LG Energy Solution include Sunwoda Electronic, EnerSys and FlexGen. Here is the list of Top 10 competitors of LG Energy Solution, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sunwoda Electronic
Sunwoda Electronic
1997, Shenzhen (China), Public
Manufacturer of lithium-ion batteries, energy storage systems, and related hardware
-
71/100
2nd
Logo for EnerSys
EnerSys
1999, Reading (United States), Public
Global leader providing stored energy solutions for diverse industries and applications
-
65/100
3rd
Logo for FlexGen
FlexGen
2009, Durham (United States), Series C
Battery energy storage solutions and software platform for energy transition
$276M
64/100
4th
Logo for Exide Industries
Exide Industries
1947, Kolkata (India), Public
Manufacturer of lead-acid storage batteries
-
64/100
5th
Logo for Amara Raja Group
Amara Raja Group
1985, Hyderabad (India), Unfunded
Traditional conglomerate offering services in auto component, energy, and education sectors
-
-
60/100
6th
Logo for Maxvolt Energy
Maxvolt Energy
2019, Ghaziabad (India), Public
Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions
$1.5M
60/100
7th
Logo for Exide
Exide
1888, Milton (United States), Acquired
Manufacturer & supplier of automotive power storage systems
$408M
59/100
8th
Logo for Saft
Saft
1913, Levallois Perret (France), Acquired
Manufacturer of lithium-Ion battery
-
-
55/100
9th
Logo for NICHICON
NICHICON
1950, Kyoto (Japan), Public
Limited information available
-
-
54/100
10th
Logo for Hexagon Composites
Hexagon Composites
2008, Alesund (Norway), Public
Offers composite pressure cylinder technology for a wide range of mobility and storage applications
-
54/100
52nd
Logo for LG Energy Solution
LG Energy Solution
2020, Holland (United States), Funding Raised
Company manufacturing batteries for electric vehicles, mobility, IT, and more
-
-
40/100
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LG Energy Solution's Investments and acquisitions

LG Energy Solution has made no investments or acquisitions yet.

Reports related to LG Energy Solution

Here is the latest report on LG Energy Solution's sector:

News related to LG Energy Solution

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Media has covered LG Energy Solution for a total of 11 events in the last 1 year, 8 of them have been about company updates and 2 about partnerships.
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