Energy Storage News
30 July 2026
EV demand in Europe, BESS in the US drive LG Energy Solution’s return to profit in Q2
Why It Matters for ITAD
Market movements like this can signal shifts in demand for ITAD services. New technologies may create opportunities or challenges for equipment processing.
LG Energy Solution (LG ES) posted a profitable second quarter this year, with investments in battery storage in the US and EV cell production in Europe paying off.
Key Takeaways
- • EV demand in Europe, BESS in the US drive LG Energy Solution’s return to profit in Q2.
