Siemens joins forces with LG Energy Solution: towards more intelligent, leaner and cleaner battery production

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• Siemens signs a Memorandum of Understanding with LG #energy Solution: Both companies will collaborate in the field of battery manufacturing intelligence
• Collaboration will minimize carbon footprint in the supply chain, supporting ESG targets
• The partnerships’ first line of collaboration will be realized at Ultium Cells LLC, located in Tennessee
• Siemens solidifies its position as a technology partner for the advancement and efficiency of battery manufacturing technology

Siemens and LG #energy Solution (LGES), a leading global battery manufacturer signed a Memorandum of Understanding (MoU) to increase cooperation in the field of battery manufacturing, particularly the digitization of production process. Under the terms of the agreement, which was signed by Cedrik Neike, Member of the Managing Board of #siemens AG and CEO Digital Industries and Young Soo Kwon, CEO of LG #energy Solution and 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.

“We believe the #partnership with #siemens AG will efficiently promote LG #energy Solution’s digitized manufacturing processes, ultimately enabling LGES to provide the finest services to our clients,” said Young Soo Kwon, CEO of LG #energy Solution. “The process of manufacturing intelligence in producing batteries is becoming a critical factor, especially as LGES continues to advance the quality of its products while expanding production base worldwide.” 

“The future of carbon-neutral mobility requires high-performing batteries. They are at the heart of the electric vehicle market. #siemens and LG ES will work on quantum leap in battery manufacturing. We are proud that technology from #siemens enables this momentous transformation”, said Cedrik Neike, Member of the Managing Board of #siemens AG and CEO Digital Industries. “With this cooperation, we underscore Siemens’ positioning as a focused technology company. Joining forces with the world’s leading battery manufacturer allows us to showcase our deep domain know-how in the battery market.”

Further information in the press release to download