Finance

LG Energy Eyes 30% Energy Storage Sales Mix To Counter EV Slump

LG Energy Solution Ltd. plans to boost its energy storage system business, aiming to increase the division’s revenue contribution to 30% by year-end amid a global electric vehicle slowdown.

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Bloomberg
April 30, 2026·1 min read
LG Energy Eyes 30% Energy Storage Sales Mix To Counter EV Slump

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LG Energy Solution Ltd. plans to boost its energy storage system business, aiming to increase the division’s revenue contribution to 30% by year-end amid a global electric vehicle slowdown.

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LG Energy Eyes 30% Energy Storage Sales Mix To Counter EV Slump

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