LG Energy Solution Utilization Rebounds to 52.8% as R&D Hits Record ₩725.9B
LG Energy Solution’s average facility utilization rose to 52.8% in the first half, after several years of declines tied to softer EV demand. Production totaled ₩14.76 trillion, supported by growth in its energy storage system business and converting EV lines to ESS manufacturing. Half-year R&D spending reached a record ₩725.9 billion, alongside AI-based production tools and ₩2.69 trillion capex.