SMM News: December 1, LG new energy (LG Energy Solution) was officially established, the former LG chemical battery business president Jinzhong is now the company CEO.
The Chinese name of the new company is "LG New Energy", which aims to "provide diversified energy solutions and create a better future."
CEO Admiralty now said in its founding speech that LG New Energy, with an indomitable spirit of challenge, has forged ahead in the face of adversity and has taken the lead in laying the foundation for structural profits in the industry. In the future, in order to achieve a bigger dream, we successfully completed the split and started a great journey. LG New Energy will provide customers with more value than expected with excellent technology and quality, and strive to achieve a better life for mankind and create a leading enterprise for environmental protection. Most importantly, our members will grow with the company, be proud of the company, and bring you the highest value, which is the future of LG new energy.
LG New Energy is building a global operating system, with a total of 22000 employees worldwide, with production bases in Wukang, South Korea, Michigan, China, and Wroclaw, Poland, and operates technology R & D centers in Daejeon, South Korea, Troy, USA, Nanjing, China, and Frankfurt, Germany.
LG New Energy is expected to have sales of 13 trillion won this year and plans to achieve sales of more than 30 trillion won in 2024, making it the world's leading provider of energy solutions. To this end, the company will timely expand investment, strengthen business competitiveness, and lead the market with innovative high-performance products and leading engineering technologies such as intelligent factories.
At the same time, it will continue to improve its differential competitiveness in the field of E-Platform, provide diversified services in the battery life cycle such as battery maintenance and maintenance, leasing, charging, recycling and reuse, and make a positive contribution to expanding the electric vehicle market and improving the social value of the battery. At the same time, the development of next-generation battery technologies such as solid-state batteries and lithium-sulfur batteries will be accelerated to continue to ensure growth momentum.
The first chairman of the board of LG New Energy will be Vice President Xin Xuezhe. In this regard, LG New Energy expects Vice President Xin Xuezhe to contribute to expanding the synergy with the LG chemical parent company, and to play an active role in the battery industry with a high proportion of overseas businesses on the basis of the professional and balanced perspective of the global cause.
