THROUGH 2025 , LG ENERGY SOLUTION HAS PL ANS TO INVEST MORE THAN $ 4.5BN IN ADDITIONAL EV BATTERY MANUFACTURING CAPACIT Y
FIVE MINUTES WITH ...
THROUGH 2025 , LG ENERGY SOLUTION HAS PL ANS TO INVEST MORE THAN $ 4.5BN IN ADDITIONAL EV BATTERY MANUFACTURING CAPACIT Y
Q . WHAT ARE SOME RECENT MAJOR DEVELOPMENTS AT LG ENERGY SOLUTION THAT YOU ARE MOST PROUD OF ?
» I am most proud of LG Energy Solution ’ s 30-year commitment to research , development , and production of battery technology . It ’ s not easy to continue to invest in an industry where the return on investment is uncertain .
In the last few years , LG Energy Solution has announced billions of dollars of investment in the US market – alone and in collaboration with General Motors , Stellantis , and Honda . This investment supports the US / North American objective of localised battery manufacturing .
Q . HOW FAR AWAY DO YOU THINK WE ARE FROM ADOPTING EVS ON A LARGE SCALE ?
» For passenger vehicles , the transition started more than 10 years ago with a small number of EVs on the road . Those vehicles demonstrated the possibilities and the required challenges ahead to reach large-scale adoption .
Today , EV passenger cars are very close to large-scale adoption due to the reduced costs of batteries , increased customer and company / shareholder acceptance , and renewed US government support .
Q . HOW CAN MORE WOMEN BE ENCOURAGED TO ENTER THE ENERGY SECTOR ?
» The energy sector is filled with the need for innovative and courageous women . There are not enough great minds to support the technological advances that are before us . Encouragement can start at the most rudimentary level ( at home and school ) and the earliest ages ( elementary school age ).
24 April 2023