LG Energy Solution

EV Battery Cells

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The pouch and cylindrical lithium-ion cells that made LGES the largest battery maker outside China, supplied to GM, Tesla, Ford, Hyundai, Stellantis, Honda, Toyota and Mercedes-Benz from plants in Korea, Poland and Michigan plus automaker joint ventures across North America. LGES held 8.3% of global EV battery installations from January through July 2026 on 60.3 GWh, third behind CATL and BYD, though its share slipped from 9.6% a year earlier and from 8.6% in the first half as Chinese makers gained and North American EV demand stayed weak.

Latest update Sep 11, 2026

EV Battery Cells

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Current status

Shipping at scale, but revenue guided to decline in 2026 as Western EV demand stalls and capacity converts to storage. Ultium Ohio Plant 1 restarted August 18, 2026.

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Specifications2

Installations
60.3 GWh (Jan-Jul 2026), 8.3% global share
Global rank
Third worldwide

largest non-Chinese manufacturer

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