[Edaily Reporter JAEMIN SONG ] “Third-quarter revenue is expected to grow by more than 20% compared to the previous quarter, driven by expanded ESS production in North America and increased shipments of cylindrical and pouch batteries for electric vehicles. Although the ESS business will continue to face some initial operating costs associated with the new production line through the third quarter, profitability will gradually improve through increased volume and stabilized production. In the fourth quarter, we aim to ensure the ESS business achieves profitability on its own, even excluding U.S. production subsidies.”
…LG Energy Solution Q2 2026 Conference Call
LG Energy Solution’s Wrocław plant in Poland. (Photo: LG Energy Solution)
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