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LG Energy and Siemens are collaborating in the digitization of production processes in battery manufacturing.

LG Energy Solution (LGES) has signed a Memorandum of Understanding (MoU) with Siemens Aktiengesellschaft (Siemens AG) for joint collaboration in the field of battery manufacturing, particularly the digitization of production processes.

Under the terms of the agreement, which was signed by Young Soo Kwon, CEO of LG Energy Solution and Cedrik Neike, Member of the Managing Board of Siemens AG and CEO Digital Industries at LGES s headquarters in Seoul, the two companies plan to take steps to promote the process of battery manufacturing intelligence at LGES production facilities worldwide.

Through this strategic collaboration, LGES will be able to implement smart battery manufacturing processes at its factories with the advanced techniques. The partnerships first line of collaboration will be realized at Ultium Cells LLC, a joint venture of LG Energy Solution and General Motors, located in Tennessee, which is expected to begin production in 2023.

10/17-19 EAC