Siemens and
LG Energy Solution (LGES), a leading global battery manufacturer, recently signed a Memorandum of Understanding (MoU) to increase cooperation in the area of battery manufacturing, particularly the digitalisation of production processes.
Under the terms of the agreement, which was signed by Cedrik Neike (a member of the managing board of Siemens AG) and Young Soo Kwon (CEO of LG Energy Solution) 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’.
Young Soo Kwon said: “We believe the partnership with Siemens AG will efficiently promote LG Energy Solution’s digitalised manufacturing processes, ultimately enabling LGES to provide the finest services to our clients. 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 bases worldwide.”
Mr Neike added: “The future of carbon-neutral mobility requires high-performing batteries. They are at the heart of the electric vehicle market. Siemens and LGES will work on a quantum leap in battery manufacturing, and we are proud that technology from Siemens enables this momentous transformation.
“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.”
The partnerships’ first collaboration will be at Ultium Cells, a joint venture of LGES and General Motors that is located in Tennessee and is is expected to begin production in 2023.