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Press Release14 December 2021Digital IndustriesSeoul
Siemens joins forces with LG Energy Solution: towards more intelligent, leaner and cleaner battery production
From left to right: Myung Hwan Kim, CPO LG Energy Solutions; Young Soo Kwon, CEO and Vice Chairman, LG Energy Solutions; Cedrik Neike, MBM of Siemens AG and CEO Digital Industries; Rainer Brehm, CEO Factory Automation Siemens Digital Industries.
“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.”
Through this strategic
collaboration, LGES will be able to implement smart battery manufacturing
processes at global factories. The partnerships’ first line of collaboration
will be realized at Ultium Cells LLC, a joint venture of LG Energy Solution and
General Motors, located in Tennessee, which is expected to begin production in
2023. Furthermore, the collaboration will allow LGES to cut back on Carbon
footprint in its entire supply chain management, as it aims to boost
sustainability in its business operations.
As a leading supplier in the
field of automation and industrial software, Siemens offers a comprehensive digital
enterprise portfolio and domain knowledge in the battery industry. This allows
LGES to accelerate its digital transformation strategy. In addition, Siemens AG
will contribute to the development of the rapid growing battery industry by
solidifying its position as a technology partner for the advancement and
efficiency of battery manufacturing technology.
The companies will also
collaborate on building a digital twin roadmap to ensure stable operations at
facilities to offer first-rate quality products at the right time. Together,
the companies will also develop training programs within the Institute of
Battery Technology (IBT) for academic students set to work for LGES.
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Siemens Digital Industries (DI) is a leading innovator in automation and digitalization. In close cooperation with its partners and customers, DI is the driving force for the digital transformation in the process and manufacturing industries. With its Digital Enterprise portfolio, Siemens provides companies of all sizes with all the necessary products, along with consistent solutions and services for the integration and digitalization of the entire value chain. Optimized for the specific requirements of individual industries, this unique portfolio enables customers to enhance their productivity and flexibility. DI continuously extends its portfolio to include innovations and the integration of future-oriented technologies. Siemens Digital Industries, with its headquarters in Nuremberg, has a workforce of around 76,000 employees worldwide.
Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.
In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of €62.3 billion and net income of €6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of €62.3 billion and net income of €6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
About LG Energy Solution
LG Energy Solution is a global leader delivering advanced lithium-ion batteries for Electric Vehicles (EV), Mobility & IT applications, and Energy Storage Systems (ESS). With 30 years of experience in advanced battery technology, it continues to grow rapidly towards the realization of sustainable life. With its robust global network that spans the US, Europe, Asia, and Australia, LG Energy Solution is more committed than ever to developing innovative technologies that will bring the future energy a step closer. Under its ESG vision "We CHARGE toward a better future," LG Energy Solution is doing its utmost to prioritize environment, fulfil social responsibilities and shape sustainable future. For more information, please visit www.lgensol.com.
LG Energy Solution is a global leader delivering advanced lithium-ion batteries for Electric Vehicles (EV), Mobility & IT applications, and Energy Storage Systems (ESS). With 30 years of experience in advanced battery technology, it continues to grow rapidly towards the realization of sustainable life. With its robust global network that spans the US, Europe, Asia, and Australia, LG Energy Solution is more committed than ever to developing innovative technologies that will bring the future energy a step closer. Under its ESG vision "We CHARGE toward a better future," LG Energy Solution is doing its utmost to prioritize environment, fulfil social responsibilities and shape sustainable future. For more information, please visit www.lgensol.com.