Home > Business > Industry

LG Energy Solution adopts Siemens factory processes

Published: 14 Dec. 2021, 17:42

LG Energy Solution CEO Kwon Young-soo, second from left, and Cedrik Neike, CEO of Siemens' Digital Industries, third from left, pose at LG Energy Solution's headquarters in Yeouido, western Seoul on Tuesday after signing a memorandum of understanding on a smart factory partnership.

LG Energy Solution will adopt Siemens’ smart factory technology at its Ultium Cells’ factory in Tennessee, the battery company said. The two companies signed a memorandum of understanding on the partnership Tuesday.

Ultium Cells is a joint venture between LG Energy Solution and General Motors that makes batteries for electric vehicles in the United States.

After testing Siemens’ smart factory systems – which utilize internet-of things and automation technology to increase efficiency – at its Ultium Cells Tennessee factory, LG Energy Solution plans to also use them at other factories.

“Making the manufacturing process smart is a core capacity that needs to be secured in order to achieve quality improvement of the batteries and maximization of efficiency in a supply chain,” Kwon Young-soo, CEO of LG Energy Solution said.

“Through the partnership with Siemens, which is a leading player in the smart factory business, we are going to provide top-notch service to our customers.”

BY JIN EUN-SOO [[email protected]]