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.
- Website
- lgenergymi.com
- Registered Address
- Holland, Michigan
Key Metrics
Founded Year
2020
Location
Holland, United States
Stage
Funding Raised
Ranked
52nd among 1090 active competitors
Employee Count
468 as on Jul 31, 2026
Similar Companies
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 CHEM MICHIGAN CIN: 841563669 , United States, Active | Dec 31, 1999 | - | 1335 (As on Dec 31, 2024) | - |
LG POWER LTD CIN: 12520010 , United Kingdom, Active | Mar 15, 2020 | £0 - £1M (As on Mar 31, 2022) | 1 (As on Mar 31, 2021) | |
LG Enerģija CIN: 44103072056 , Latvia, Active | Dec 01, 2011 | €0 - €1M (As on Dec 31, 2024) | 2 (As on Dec 31, 2023) | - |
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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 468 employees as of Jul 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 Sunwoda Electronic, EnerSys and FlexGen. 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 | Sunwoda Electronic 1997, Shenzhen (China), Public | Manufacturer of lithium-ion batteries, energy storage systems, and related hardware | - | 71/100 | |
2nd | EnerSys 1999, Reading (United States), Public | Global leader providing stored energy solutions for diverse industries and applications | - | 65/100 | |
3rd | FlexGen 2009, Durham (United States), Series C | Battery energy storage solutions and software platform for energy transition | $276M | 64/100 | |
4th | Exide Industries 1947, Kolkata (India), Public | Manufacturer of lead-acid storage batteries | - | 64/100 | |
5th | Amara Raja Group 1985, Hyderabad (India), Unfunded | Traditional conglomerate offering services in auto component, energy, and education sectors | - | - | 60/100 |
6th | Maxvolt Energy 2019, Ghaziabad (India), Public | Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions | $1.5M | 60/100 | |
7th | Exide 1888, Milton (United States), Acquired | Manufacturer & supplier of automotive power storage systems | $408M | 59/100 | |
8th | Manufacturer of lithium-Ion battery | - | - | 55/100 | |
9th | Limited information available | - | - | 54/100 | |
10th | Hexagon Composites 2008, Alesund (Norway), Public | Offers composite pressure cylinder technology for a wide range of mobility and storage applications | - | 54/100 | |
52nd | 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
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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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, , 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 stakegospodarka.sos.pl•Mar 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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