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 674 active competitors, including 45 funded and 111 that have exited. Its top competitors include companies like Exide, Exide Industries and Saft.
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.
- Website
- lgenergymi.com
- Social
- Registered Address
- Holland, Michigan
Key Metrics
Founded Year
2020
Location
Holland, United States
Stage
Funding Raised
Ranked
25th among 674 active competitors
Employee Count
491 as on Sep 30, 2026
Legal entities associated with LG Energy Solution
LG Energy Solution is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LG Enerģija CIN: 44103072056 , Latvia, Active | Dec 01, 2011 | €0 - €1M (As on Dec 31, 2024) | 2 (As on Dec 31, 2023) | - |
LG POWER LTD CIN: 12520010 , United Kingdom, Deadpooled | Mar 15, 2020 | £0 - £1M (As on Mar 31, 2022) | 1 (As on Mar 31, 2021) | |
LG CHEM MICHIGAN CIN: 841563669 , United States, Active | Dec 31, 1999 | - | 1335 (As on Dec 31, 2024) | - |
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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
Founder? Claim ProfileLG Energy Solution's employee count trend
LG Energy Solution has 491 employees as of Sep 26. Here is LG Energy Solution's employee count trend over the years:
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LG Energy Solution's Competitors and alternates
Top competitors of LG Energy Solution include Exide, Exide Industries and Saft. Here is the list of Top 10 competitors of LG Energy Solution, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Exide 1888, Milton (United States), Acquired | Manufacturer & supplier of automotive power storage systems | $408M | 59/100 | |
2nd |  Exide Industries 1947, Kolkata (India), Public | Manufacturer of lead-acid storage batteries | - | 56/100 | |
3rd | Manufacturer of lithium-Ion battery | - | - | 55/100 | |
4th | Provider of hardware and software solutions for electric vehicle charging | $5M | 55/100 | ||
5th |  HBL Power Systems 1977, Hyderabad (India), Public | Manufacturers of batteries and DC power systems | - | 53/100 | |
6th |  NGK Corporation 1919, Nagoya (Japan), Public | Manufacturer of electrical and electronic components | - | - | 50/100 |
7th |  Manika Plastech 1996, Mumbai (India), Public | Manufacturer of automotive batteries | - | - | 49/100 |
8th | _1560841909997.png?devicePixelRatio=2&height=30&width=30){kind=logo} Natrion 2017, Greenwich (United States), Series B | Provides affordable energy storage solutions | $11M | 48/100 | |
9th | Developer of utility scale battery energy storage system infrastructure assets | $47.8M | 45/100 | ||
10th | High Energy Batteries 1979, Chennai (India), Public | Manufacturer of multi-type of batteries for military and commercial use | - | - | 45/100 |
25th | 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
Filter this listMedia has covered LG Energy Solution for a total of 10 events in the last 1 year, 7 of them have been about company updates and 2 about partnerships.
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LG Energy Solution and KESCO signed MOU to strengthen ESS safety and create a domestic LFP ecosystemNewswire•Jan 07, 2026•LG Energy Solution, Korea Electrical Safety Corporation, LG Energy Solutions
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LG Energy Solution drops 6% after Ford cancels several EV modelsTech in Asia•Dec 16, 2025•Ford, LG Energy Solutions, LG Energy Solution, LG
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South 8 Technologies Receives $11M to Boost LiGas Battery ProductionBatteriesnews•Dec 09, 2025•Lockheed Martin, South 8, LG Energy Solution, W. L. Gore & Associates and 8 others
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LG Energy Solution Secures $1.39 Billion Battery Supply Deal with Mercedes-BenzThe Korea Times•Dec 08, 2025•LG Energy Solutions, Mercedes-Benz, LG Energy Solution, Nokia and 1 other
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LG Energy Solution to supply batteries to Mercedes-Benzmk.co.kr•Sep 03, 2025•LG Energy Solutions, Mercedes-Benz, https://www.mbusa.com/en/home, LG Energy Solution and 1 other
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Battery recycling venture at Winston's Whitaker Park expected to open later this yearWinston-Salem Journal•Jul 09, 2025•Toyota Tsusho America, LG Energy Solution
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CATL's Lithium Partner Lopal Sees Swings in Near-Term PricesFinancial Post•Mar 24, 2025•JIANGSU LOPAL, Contemporary Amperex Technology, LG Energy Solution
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A large energy storage facility will be built in northern Poland. 1.5 billion PLN at stakeMar 07, 2025•Polska Grupa Gornicza, LG Energy Solution
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Automotive Battery Management System Market to Reach $11.7 Billion by 2028 – Key Trends & InsightsGlobeNewswire•Feb 06, 2025•Eberspcher, Sensata Technologies, AVL, LG Energy Solution and 9 others
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