SK Innovation has established a business unit related to the battery business for the second consecutive year. Following last year’s Energy Storage System (ESS) business unit, this year, it created a next-generation battery research center. The Battery Research Institute will focus on strengthening the competitiveness of the battery business by
As an independent subsidiary, LG Energy Solution is expected to receive strategic investment from major original equipment manufacturers and attract more funds from the initial public offering (IPO) to expand its battery production capacity. LG Energy Solution , a wholly-owned subsidiary of LG Chem , was formally established to “provide