Skip to content

LG Energy Solution’s $5.5 Billion US Battery Manufacturing Complex to Open in 2025

Staff Writer
- Apr 04 2024
LG Energy Solution s 5 5 Billion US Battery Manufacturing Complex

LG Energy Solution's new US battery manufacturing complex in Arizona is on track to be completed in two years with the first round of hiring expected to begin at the end of this year. The $5.5 billion facility consists of two manufacturing facilities which are the company’s first stand-alone cylindrical and ESS battery plants in North America.

The cylindrical battery plant, called LG Energy Solution Arizona, will produce 46-Series batteries for electric vehicles (EVs).

It  will also produce lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS).

When fully operational, the complex’s average annual production capacity is expected to reach 53GWh (cylindrical batteries 36GWh, LFP ESS batteries 17GWh).

Once the construction is complete, both facilities are expected to start production in 2026. 

The company plans the first mass production of 46-Series batteries at its Ochang plant in Korea in the second half of this year, which is the earliest among major global battery manufacturers.

Brian Oh, Head of Mobility & IT Battery Division at LG Energy Solution, says: “Of many other sites, this Arizona facility has a special meaning to us. This is the second stand-alone facility to be built in the U.S. And it is also the first manufacturing facility to produce cylindrical batteries in the U.S. Right here, is where we can build quality cylindrical batteries, which will be used to power millions of EVs.”

By further expanding our product portfolio and offering diverse options to our customers, we will continue to strengthen our market competitiveness,” adds David Kim, CEO of LG Energy Solution. “We also expect to keep growing in the global market by maximizing customer value through unmatched technology leadership.”

LG Energy Solution s 5 5 Billion US Battery Manufacturing Complex

LG Energy Solution has five joint venture facilities in the US with major automakers, including General Motors, Honda, and Hyundai Motors Group.

adding all to cart
False 0
File added to media cart.