LG Energy Solution Accelerates Establishment of 'Smart Factory' at Global Production Plants

Vice Chairman Kwon Young-soo's First European Business Trip Since Taking Office on the 3rd
Scheduled Visits to Poland Wroclaw Factory and Smart Factory Partners

Kwon Young-soo, Vice Chairman of LG Energy Solution. Photo by LG Energy Solution

[Asia Economy Reporter Donghoon Jeong] Kwon Young-soo, Vice Chairman of LG Energy Solution, is embarking on a business trip to Europe to review the progress of the smart factory initiative at the Poland production plant and discuss plans to expand technological cooperation with key partners.

On the 3rd, LG Energy Solution announced that Vice Chairman Kwon will undertake a 3-night, 5-day trip to Europe. LG Energy Solution has also reorganized its structure to accelerate the company-wide smart factory transformation, including the establishment of a North America Production Headquarters. During his visit to Europe, Vice Chairman Kwon is scheduled to visit the Wrocław plant in Poland and major smart factory partners such as Siemens.

This European visit marks Vice Chairman Kwon’s first since his appointment last year. Previously, in May, he visited key local production plants in Michigan and Ohio, USA, to inspect the smart factory status and discuss cooperation plans with major clients such as GM through meetings.

The LG Energy Solution plant in Poland, which Vice Chairman Kwon will visit during the trip, is the world’s largest battery production facility (70 GWh annually) and a key hub responding to the demand of the European electric vehicle market. Recently, the company has been actively establishing a smart factory to expand production capacity and improve efficiency.

An LG Energy Solution official stated, "During the short 3-night, 5-day business trip, Vice Chairman Kwon plans to intensively review the progress of the smart factory initiative to ensure that products with the highest quality and price competitiveness are supplied to key customers in a timely manner." Last November, LG Energy Solution signed a memorandum of understanding (MOU) with Siemens, Germany, to digitalize and enhance the efficiency of battery manufacturing technology.

Meanwhile, on the 1st of this month, LG Energy Solution announced organizational restructuring and personnel changes aimed at company-wide smart factory operations and stabilizing North American plants.

First, to stabilize production in the North American region, a North America Production Headquarters under the Automotive Battery Division will be newly established. The North America Production Headquarters will be led by Choi Seok-won, Managing Director and Head of the Poland branch. Additionally, a production support team will be created under this headquarters to carry out tasks related to smart factory construction as well as early stabilization of operation rates, quality, and yield.

Kwon Young-soo, Vice Chairman of LG Energy Solution, said, "We will accelerate efforts to build smart factories at global production sites and strive to establish a system where all global subsidiaries operate as one factory with standardized production processes. Through this, we will provide customers with the highest level of QCD (Quality, Cost, Delivery) and become the most trusted and beloved profitable company by our customers."

This content was produced with the assistance of AI translation services.