LG

US$400B Li-ion Cell Market by 2035, but Challenges Remain

While there has been strong growth in the stationary battery sector, electric vehicles remain the key driver behind the Li-ion market, and electric cars will be the largest market for Li-ion batteries over the next 10 years. Although there are some regional concerns over the rate of EV adoption in 2024, sales of electric vehicles grew rapidly in 2022 and 2023, and the medium-long-term outlook for EV adoption remains strong.

Jaguar Land Rover

Jaguar Land Rover is a British automotive brand known for its luxury vehicles like the Range Rover. It has been bold in the past with its ambitions around electrification, promising an all-electric line-up for the Jaguar brand by 2025 and all-electric variants of each model in the Land Rover brand by 2030. With these deadlines fast encroaching, IDTechEx examines JLR's current position in this company profile.

LG Energy Solution Vertech

LG Energy Solution Vertech (LG ES Vertech) was formed through the acquisition of NEC Energy Solutions by LG ES in 2022. The company acts as a BESS integrator.

LG Chem: Bioplastics

LG Chem, a subsidiary of the South Korean conglomerate LG Corporation, was founded in 1947. The company is headquartered in Seoul. LG Chem produces a range of bioplastics including PLH, PBAT, and PHA.

Vulcan Energy Resources

Vulcan Energy Resources Limited is a company that co-produces lithium chemicals and renewable energy from geothermal brine.

Carrar: Immersion Cooling

Carrar is an Israeli producer of immersion-cooled battery packs and other immersion-cooling systems for electric vehicle components. Its batteries have potential uses in many vehicle segments, including heavy-duty, commercial vehicles, and off-highway.

Renault

Renault is a French automotive manufacturer that is a leading producer of cars, vans, and commercial vehicles. This profile will focus on Renault's electric vehicle products.

Supply Chain Analysis: Semiconductor Suppliers to Tier Ones & OEMs

Innovation map of supply chain analysis from semiconductor suppliers to tier ones and automotive OEMs.