LG Energy Solution Ltd.
LG Energy Solution was spun off from LG Chem in December 2020 and listed in Seoul in January 2022 in what was then South Korea's largest IPO. The battery business itself dates to LG Chem's 1999 lithium-ion development effort, which by the 2010s had become a major supplier to GM, Hyundai-Kia, Ford, and Volkswagen.
LG Energy Solution's Q4 2025 delivered $5.2B in revenue — up 12.4% versus the same quarter a year ago.
LG Energy Solution was spun off from LG Chem in December 2020 and listed in Seoul in January 2022 in what was then South Korea's largest IPO. The battery business itself dates to LG Chem's 1999 lithium-ion development effort, which by the 2010s had become a major supplier to GM, Hyundai-Kia, Ford, and Volkswagen.