LG just opened its first EV charger manufacturing plant in the US
It'll manufacture 350kW ultra-fast chargers later this year.
LG is already one of the most prolific EV battery manufacturers in the US, but it wants to build the devices that charge them, too. The company just opened just opened its first EV charger manufacturing facility in the US, a 59,000 square foot plant in in Fort Worth, Texas capable of manufacturing 10,000 units per year.
The company has already started to assemble 11kW home-style chargers there and will begin producing 175kW fast chargers in the first half of 2024. It plans to built 350kW ultra-fast chargers at some point this year designed for "commercial travel and long-distance transportation," LG wrote.
The Korean company said it chose Texas as it had existing facilities there and because the state offers "excellent logistics and transportation networks and is home to major operations for companies in industries ranging from automobile manufacturing to finance" (GM, Toyota and Tesla all have vehicle assembly plants in the state).
LG said it's committed to bolstering its EV charger business in Asia and Europe as well. The company, along with two partners, jumped into the game just two years ago, acquiring a South Korean EV battery charger business called AppleMango (since renamed to HiEV).
LG said at the time that the acquisition would allow it to "create synergy" with its EV battery business, along with products like energy storage and energy management systems. The company is also able to leverage its display expertise by marrying the chargers with "sturdy, dust- and water-proof" outdoor digital display units.
The move also allows LG to capitalize on a US push to build more public EV chargers. The nation currently has 169,741 charging ports (either DC fast or Level 2) across 65,113 stations, according to the Joint Office of Energy and Transportation. However, the Biden administration wants at least 500,000 public chargers by 2030. "By establishing our EV charger production factory in Texas, we will be able to actively respond to the rapidly growing demand for EV infrastructure in the U.S.,” said LG Business Solution president Jand Ik-hwan.
