LG Energy Shifts Focus to Storage | Business and Finance News

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Recorded19 Aug 2026

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LG Energy is pivoting from EV batteries to energy storage, driven by AI data center demand and slower-than-expected EV adoption, retooling North American factories for LFP batteries—safer, more durable, though lower energy density—despite industry overcapacity concerns and optimism for future EV rebound. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4869f2fea930b4cc

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