Financial Report and Business Expansion Plan of LG Energy Solution

Published: Jul 25, 2025 18:57
LG Energy Solution released its Q2 2025 financial results today, showing consolidated revenue of 5.6 trillion Korean won, down 11.2% MoM; operating profit was 492.2 billion Korean won, up 31.4% MoM. LG Energy Solution stated that it would continue to expand its ESS battery business in North America, aiming to achieve an annual capacity of over 30 GWh in North America by the end of 2026. In Europe, the company will commence mass production of low and mid-end battery products, such as high-voltage mid-nickel and LFP batteries, at its Poland plant in H2 this year.

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