LG Energy Solution

NASHVILLE – November 05, 2026 -- LG Electronics USA has opened a 1,200-square-foot Life's Good Lounge in Vanderbilt University's Sarratt Student Center. It is the first U.S. extension of the company's "Another Campus" university initiative, which currently has four locations in South Korea.

The lounge is a study and social space for students, faculty and staff. It also doubles as a showroom for LG's home appliance and home entertainment lines and as a recruiting channel.

Lounge showcases eight LG products, from OLED TVs to steam closets

The installed lineup includes the LG OLED evo G6 smart TV, LG StanbyME 2 lifestyle TV, LG UltraGear 34GX900A-B gaming monitor, LG Styler Smart Steam Closet and LG CordZero Stick Vacuum. It also features the LG Smart InstaView Counter-Depth MAX French Door Refrigerator, LG NeoChef Countertop Microwave and LG PuriCare AeroTower.

SEOUL – November 02, 2026 -- LG Energy Solution posted third-quarter 2026 consolidated revenue of KRW 9.6 trillion, up 27.6% quarter-on-quarter, with operating profit of KRW 756 billion and an operating margin of 7.8%. Revenue includes a North America production incentive of KRW 416.9 billion, reflecting volume growth led by higher ESS shipments in the region.

Growth came from sharply higher ESS shipments, increased EV pouch-type battery shipments led by high-voltage mid-nickel products, and steady supply of 21- and 46-Series cylindrical batteries for EVs. Operating profit benefited from better plant utilization in Europe, rising cylindrical volumes, and a lower fixed-cost burden as North American ESS capacity gradually stabilized.

SEOUL – – October 29, 2026 -- LG Energy Solution (KRX: 373220) has opened submissions for the Battery Innovation Contest 2026 (BIC 2026), inviting universities and research institutions worldwide to submit concept proposals between October 29 and December 6, 2026.

Proposals go through the company's online open innovation platform, BRIDGE. Priority goes to ideas that address key pain points in the battery industry and could accelerate technological advancement.

LG Energy Solution expands thematic research topics for the 2026 call

BIC 2026 keeps two tracks. Under the Thematic call, LG Energy Solution's product development departments define specific research topics. The company has significantly expanded the number of topics this year, covering materials, cells, battery management systems (BMS) and AI.

The Open-Topic call stays researcher-led and accepts original ideas across broad areas of battery technology.

Seoul – – October 08, 2026 -- LG Energy Solution has signed a binding multi-year offtake agreement with Elevra Lithium for 240,000 dry metric tonnes of spodumene concentrate over four years, sourced from an already operational Canadian mine.

Supply Begins This Year From Quebec's NAL Project

Shipments will start later in 2026 from Elevra's North American Lithium (NAL) facility in Quebec, Canada, a producing asset rather than a development-stage project. This gives LG Energy Solution immediate access to a feedstock source without exposure to construction or ramp-up delays common in new mining projects.

Seoul – October 01, 2026 -- LG Energy Solution has signed a non-binding memorandum of understanding with U.S. commercial EV startup indiGOtech to supply 46-series NCM cylindrical battery cells from 2027 to 2030, targeting indiGOtech's upcoming Flow Ride and Flow Cargo electric vans.

Deal targets commercial van platforms for logistics and ride-hailing

indiGOtech, headquartered in Woburn, Massachusetts, builds an integrated ecosystem combining electric commercial vans, charging infrastructure, and digital fleet services for the North American market. The battery supply agreement would underpin the company's Flow Ride and Flow Cargo vehicle lines, aimed at last-mile delivery, logistics, and ride-hailing fleets.

Seoul – September 22, 2026 -- LG Energy Solution said its Battery Energy Storage System (BESS) has qualified as NVIDIA DSX Ready BESS, a designation reserved for partner products meeting NVIDIA's DSX reference design requirements for AI factory power infrastructure.

Qualification targets AI data center power bottlenecks

The DSX Ready program certifies building blocks for NVIDIA's DSX AI Factory Platform, which unifies compute, networking, power, cooling, facilities and software for AI factories. LG Energy Solution's AC-coupled BESS meets NVIDIA's applicable AC energy storage requirements, addressing AI load smoothing, voltage ride-through and power reliability challenges that data center operators face when scaling capacity.

Seoul – September 10, 2026 -- LG Energy Solution and Seoul National University have developed a voltage-control method that suppresses gas evolution in lithium manganese-rich (LMR) batteries, clearing a major barrier to commercializing the cobalt-free chemistry in large-format EV cells.

The joint research team, led by Professor Jongwoo Lim of Seoul National University's Department of Chemistry, published its findings in Nature Communications on September 7 Seoul time. LG Energy Solution announced the results the same day.

Optimized 40 Ah cells retained 92.2% of initial energy after 883 cycles

Researchers applied the new operating protocol to 40 Ah-class large-format LMR cells, which held onto 92.2 percent of their original energy capacity following 883 charge-discharge cycles. The result demonstrates cycle-life stability sufficient to move LMR materials beyond small-format applications and into large EV battery packs.