LG Chem
The parent of the LG battery group, LG Chem is a cathode maker in its own right, producing high-nickel NCM and NCMA at plants in Korea and China and opening a large cathode plant in Tennessee, supplying LG Energy Solution, GM and Toyota.
Profile
LG Chem is a major South Korean chemical company and the parent from which LG Energy Solution, one of the world's largest battery makers, was spun out in 2020. LG Chem retains a central role in the battery economy as a supplier of battery materials.
The company is a significant producer of cathode active materials for lithium-ion batteries, and is expanding cathode and materials capacity, including in North America, to supply cell makers. Its long history in the sector includes supplying the world's first mass-produced plug-in hybrid EV batteries (for the Chevrolet Volt) through its battery division before the LGES spin-off.
LG Chem is publicly listed and remains a cornerstone of the Korean battery supply chain, spanning materials and its shareholding in LG Energy Solution.
Written from the public record, including the company’s own published figures, which are attributed as such. Company details change often, so confirm anything material with the company. Suggest a correction