Smart Factory Siemens Partners with LGES for Quantum Leap in Battery Manufacturing
Under a MOU signed between Siemens and LGES, both the companies will work together to enhance digitized production processes in the field of battery manufacturing. Through this collaboration, they will also promote the process of battery manufacturing intelligence at LGES production facilities across the globe.
Seoul/South Korea – Siemens and LG Energy Solution (LGES), a leading global battery manufacturer signed a Memorandum of Understanding (MOU) to increase cooperation in the field of battery manufacturing, particularly the digitization of production processes. Under the terms of the agreement, which was signed by Cedrik Neike, Member of the Managing Board of Siemens and CEO Digital Industries and Young Soo Kwon, CEO of LG Energy Solution at LGES’s headquarters in Seoul, the two companies plan to take steps to promote the process of battery manufacturing intelligence at LGES production facilities worldwide.
“The future of carbon-neutral mobility requires high-performing batteries. They are at the heart of the electric vehicle market. Siemens and LGES will work on quantum leap in battery manufacturing”, said Cedrik Neike, Member of the Managing Board of Siemens and CEO Digital Industries.
Through this strategic collaboration, LGES will be able to implement smart battery manufacturing processes at global factories. The partnerships’ first line of collaboration will be realized at Ultium Cells, a joint venture of LG Energy Solution and General Motors, located in Tennessee, which is expected to begin production in 2023.
Siemens and LGES will also collaborate on building a digital twin roadmap to ensure stable operations at facilities to offer first-rate quality products at the right time.