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LG Energy to ramp up energy storage arm as EV demand cools

https://www.bloomberg.com/news/articles/2025-07-25/lg-energy-to-ramp-up-energy-storage-business-as-ev-demand-cools
In May, LG Energy began producing ESS batteries at its plant in Michigan. It aims to expand annual production capacity to 17 GWh by the end of this year and 30 GWh by 2026

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