Advanced lithium iron phosphate (LFP) cell design and localising production are among chief strategies for differentiation in the US for LG Energy Solution, according to the company’s ESS division head.
Element Energy’s large stock of batteries for second life energy storage are mostly LG batteries recalled from EVs in the last few years due to fire safety concerns, a source told Energy-Storage.news.
LG Energy Solution sees lithium iron phosphate (LFP) battery production to meet demand for stationary energy storage systems (ESS) in the US market as a “new growth engine” for the South Korean manufacturer.
