In 2023, LG Energy Solution spent more than one trillion South Korean won on its research and development (R&D) activities. This was a significant increase from the previous year. The main products of the company are small batteries for smartphones and laptops, automotive batteries supplied to major carmakers, and Energy Storage Systems (ESS).
Research and development (R&D) expenses of battery company LG Energy Solution from 2020 to 2023
(in billion South Korean won)
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R&D expenses in billion South Korean won
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DART. (March 14, 2024). Research and development (R&D) expenses of battery company LG Energy Solution from 2020 to 2023 (in billion South Korean won) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1381686/lg-energy-solution-rnd-expenses/
DART. "Research and development (R&D) expenses of battery company LG Energy Solution from 2020 to 2023 (in billion South Korean won)." Chart. March 14, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1381686/lg-energy-solution-rnd-expenses/
DART. (2024). Research and development (R&D) expenses of battery company LG Energy Solution from 2020 to 2023 (in billion South Korean won). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1381686/lg-energy-solution-rnd-expenses/
DART. "Research and Development (R&d) Expenses of Battery Company Lg Energy Solution from 2020 to 2023 (in Billion South Korean Won)." Statista, Statista Inc., 14 Mar 2024, https://www.statista.com/statistics/1381686/lg-energy-solution-rnd-expenses/
DART, Research and development (R&D) expenses of battery company LG Energy Solution from 2020 to 2023 (in billion South Korean won) Statista, https://www.statista.com/statistics/1381686/lg-energy-solution-rnd-expenses/ (last visited August 24, 2024)
Research and development (R&D) expenses of battery company LG Energy Solution from 2020 to 2023 (in billion South Korean won) [Graph], DART, March 14, 2024. [Online]. Available: https://www.statista.com/statistics/1381686/lg-energy-solution-rnd-expenses/