Credit: spainter_vfx/ Shutterstock

South Korea’s LG Energy Solution announced it had agreed to establish a partnership with Germany’s Siemens to introduce advanced manufacturing processes at its electric vehicle (EV) battery plants worldwide.

According to the memorandum of understanding signed with Siemens Korea, the two companies would work together to turn LG Energy Solution’s battery factories into smart, connected manufacturing facilities using Siemens’ software and automation equipment.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

LG Energy Solution said it aimed to install “intelligent manufacturing systems” at its main battery plants worldwide to optimise production and enable quality and process control using advanced information technology such as data analysis and machine learning.

The first factory to be fitted with intelligent manufacturing systems will be the Spring Hill plant in Tennessee, currently being built by LG Energy Solution’s Ultium Cells joint venture with General Motors.

LG Energy Solution said in a statement: “The smart factory system will help us advance our digital innovation in a way that will further enhance our battery manufacturing technologies and production efficiency.”