LG Energy Solution. Korean giant announces its strategies. Wroclaw among the priorities

Separate from LG Chem, LG Energy Solution is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, information technologies and energy storage systems.

LG Energy Solution. Korean giant announces strategies

The corporation has a plant in Poland – LG Energy Solution Wroclaw, which is the largest manufacturer of electric car batteries in Europe. The vision of development and strategy announced by the corporation – Empower Every Possibility and strengthening its leadership in next-generation battery technology is of great importance for Wroclaw and the agglomeration.

David Kim, CEO of LG Energy Solution: ‘We have set global standards in the battery industry and will continue to maintain our status as a leader in this field.’

In Biskupice Podgórne near Wroclaw, there is a 100-hectare state-of-the-art technology park that employs a few thousand people. The factory near Wroclaw produces batteries that power cars of the world's leading brands.

Empower Every Possibility – LG Energy Solution's vision of growth

Announcing its medium- and long-term strategies, the company aims to double its revenue by 2028.

Firstly, the company will seek to build a balanced business portfolio by actively developing its non-electric vehicle business. The South Korean brand of LG Energy Solution plans to reduce its reliance on the EV battery business and to increase further the share of energy storage systems (ESS).

Secondly, LG Energy Solution will diversify its products and customers in the area of electric vehicles (EVs). In addition to premium batteries based on high-nickel chemistry, the company will improve its competitiveness in affordable markets through LFP, LMFP and high-voltage medium-nickel batteries. In addition, the company plans to expand its portfolio of cylindrical battery customers by including traditional car manufacturers.

Thirdly, the company aims to create a solid revenue structure by developing its software and service business. In addition to market-leading battery management systems (BMS), the company will offer various services, including leasing, renting and recycling of batteries, to create a comprehensive BaaS (Battery-as-a-Service) ecosystem.

Finally, LG Energy Solution wants to be at the forefront of next-generation battery technology to bring more innovation to the sector. When it comes to solid-state batteries, the company plans to dominate the market by producing anodeless batteries that exclude the lithium anode and products with a graphite-based anode. The company also plans to accelerate the mass production of semi-liquid 'bipolar' batteries and low-cost high-power batteries that use sulphur and sodium.

LG Energy Solution plans to manufacture energy storage units in Poland

The new vision also means changes at the plant near Wroclaw, which contemplates the production of energy warehouses.

Jangha Lee, President of LG Energy Solution Wroclaw sp. z o.o.: ‘We will be able to use the current lines and machinery in the production of the warehouses. We need to rebuild them a little with a view to different storage capacities. We have a complete in-house production process, with all stages from electrode to module. This provides us with flexibility when it comes to creating different storage options.

Initially, energy warehouses will be addressed to Polish power grids, but the company also looks for customers in Europe. Home energy storage facilities will be the next step. The factory plans to start production, gain experience in this field, and then develop a strategy for these products.

'We have already selected the layout of the lines that will produce the energy warehouses. Production could start in the second half of 2025. Initially, the warehouses will be intended for power grids in Poland, but we are also trying to find customers in Europe,’ admits Jangha Lee.

As a result, the company intends to maintain employment at least on the current level. Some of the employees who currently operate the production lines for the automotive sector will move to energy warehouse production.

Europe's largest energy warehouse and LG Energy Solution Wroclaw

One of the first steps of LG Energy Solution Wroclaw towards the new strategy is also winning the tender for Europe's largest energy warehouse to be built in Żarnowiec. This is because the PGE Group has selected the general contractor for the investment concerning the design and construction of the Żarnowiec battery energy warehouse on a turnkey basis. The project with a capacity of up to 263 MW and a minimum capacity of 900 MWh is to be carried out by the company from Biskupice Podgórne.

The Żarnowiec battery energy warehouse will be located in the Pomerania Province, close to PGE's future offshore wind farms and Poland's largest pumped storage power plant in Żarnowiec, owned by PGE Energia Odnawialna, which will also be responsible for overseeing the implementation of the warehouse. The project has received the first approval to store electric energy in Poland and has an agreement for connection to the national electric power system.

LG's Wroclaw plant will produce batteries for Ford's electric vans in Europe

At the end of 2024, Korean company LG Energy Solution also announced the signing of supply agreements with Ford Motor Company to power Ford's electric van delivery models in Europe.

Under these contracts, LG Energy Solution is to supply a total of 109 GWh of batteries for Ford's electric delivery vans from 2026, with contract durations ranging from four to six years.

The two companies have also agreed that batteries for the current Ford Mustang Mach-E model will be produced in 2025 at LG Energy Solution's Michigan plant, not in Poland.

'These agreements demonstrate our experience and expertise in powering commercial vehicles with innovative battery technologies designed for extreme operating conditions,' said David Kim, CEO of LG Energy Solution. ‘Making use of our local production capacity, ... we will provide our customers ... with advanced battery technologies that effectively address a variety of needs.’

In January 2024, we reported that LG Energy Solution Wroclaw and Polish company Impact Clean Power Technology, a leading supplier of high-powered battery systems for public transport, had announced the signing of a contract for the supply of NCM lithium-ion batteries. The batteries will be produced by the LG plant in Wroclaw.

What Korea's LG Energy Solution does

Separate from LG Chem, LG Energy Solution is a global manufacturer of lithium-ion batteries for electric vehicles, mobility, information technologies and energy storage systems.

With 30 years of experience in battery technology and extensive research and development (R&D) activity, the company is the world's largest holder of battery-related patents.

LG Energy Solution includes battery production facilities established in joint ventures with major car manufacturers such as: General Motors, Stellantis N.V., Hyundai Motor Group and Honda Motor located in North America, Europe, Asia and Australia.

Largest Korean investments in Poland in the electric car industry in 2025

Wroclaw has Europe's largest electric vehicle battery plant – LG Energy Solution, but this is not the end of Korean investments in the automotive sector.

In 2025, Korean giant corporation Posco International is to launch the production of parts for automotive electric motors at its new factory in Brzeg (Opole Province) in the Wałbrzych Special Economic Zone 'Invest-Park'.

The main customer will be Hyundai, but not only. The plant is expected to supply parts for more than 1.2 million cars a year.

The cost of building the Posco International plant is approximately PLN 180 million. In the first phase, 60,000 people will find work there. The workforce should increase three times by 2030.

Another massive Korean investment in the electric vehicle industry in Poland in 2025 belongs to SK Nexilis, which is building a production plant in Stalowa Wola (Subcarpathia Province).

Korea's SK Nexilis is the world's largest producer of copper foil, which is one of the components necessary for the production of lithium-ion batteries used in electric cars.

The Koreans are to invest around PLN 3 billion in Stalowa Wola and create 0.5 thousand new jobs. 

Korean companies and initiatives in Wroclaw and the Wroclaw agglomeration

• Partnership agreement between Wroclaw and Cheongju. It is the city that LG Energy Solution Wroclaw originates from.
• ‘It was a dream’ – from Seoul to Wroclaw by direct flight. There has never been such a combination before.
• LG Energy Solution Wroclaw and the University of Economics with a partnership agreement. Here are the projects with the Korean giant.
• Many more batteries for electric cars will be produced by LG Energy Solution Wroclaw. Get to know the company's new CEO.
• LG Energy Solution Wroclaw was established. Europe's largest manufacturer of automotive batteries.
• Europe's largest car battery factory will be built near Wroclaw.
• There are more than 26 applicants per place for this field of study. This is even reported by the Asian television.
• Wroclaw Korean Film Festival: from comedy to bloody horror in the New Horizons Cinema.
• Korean banks in Wroclaw: Industrial Bank of Korea and Shinhan Bank Europe GmbH.