A few days ago, we learned from LG Energy Solution (hereinafter referred to as LGES) that LGES signed a memorandum of cooperation with Siemens AG to promote the intelligent process of battery manufacturing.
Through this strategic partnership, LGES is able to implement a smart battery manufacturing process in factories using advanced technology applications. The partnership's first collaboration will take place at the Tennessee plant, which was built by LG in a joint venture with General Motors and is expected to begin production in 2023.
In addition, the partnership will enable LGES to reduce its carbon footprint throughout its supply chain management as it aims to improve the sustainability of its business operations. The two companies will also collaborate to build a digital twin roadmap to ensure stable operation of the facility and deliver best-in-class products at the right time. The future of carbon-neutral mobility requires high-performance batteries, which are at the heart of the electric vehicle market, and Siemens and LGES will be committed to making a major leap forward in battery manufacturing.
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