Siemens, LGES partner for smart battery manufacturing

Publish December 16, 2021
oil and gas

Siemens and LG Energy Solution (LGES), a leading global battery manufacturer have signed a memorandum of understanding (MoU) to increase cooperation in the field of battery manufacturing, particularly the digitization of production process.

Under the terms of the agreement, which was signed by Cedrik Neike, Member of the Managing Board of Siemens AG and CEO Digital Industries and Young Soo Kwon, CEO of LG Energy Solution and at LGES’s headquarters in Seoul, the two companies plan to take steps to promote the process of battery manufacturing intelligence at LGES production facilities worldwide.

“We believe the partnership with Siemens AG will efficiently promote LG Energy Solution’s digitized manufacturing processes, ultimately enabling LGES to provide the finest services to our clients,” said Young Soo Kwon, CEO of LG Energy Solution.

“The process of manufacturing intelligence in producing batteries is becoming a critical factor, especially as LGES continues to advance the quality of its products while expanding production base worldwide.”

“The future of carbon-neutral mobility requires high-performing batteries. They are at the heart of the electric vehicle market. Siemens and LG ES will work on quantum leap in battery manufacturing. We are proud that technology from Siemens enables this momentous transformation”, said Cedrik Neike, Member of the Managing Board of Siemens AG and CEO Digital Industries.

“With this cooperation, we underscore Siemens’ positioning as a focused technology company. Joining forces with the world’s leading battery manufacturer allows us to showcase our deep domain know-how in the battery market.”

Through this strategic collaboration, LGES will be able to implement smart battery manufacturing processes at global factories. The partnerships’ first line of collaboration will be realized at Ultium Cells, a joint venture of LG Energy Solution and General Motors, located in Tennessee, which is expected to begin production in 2023. Furthermore, the collaboration will allow LGES to cut back on Carbon footprint in its entire supply chain management, as it aims to boost sustainability in its business operations.

As a leading supplier in the field of automation and industrial software, Siemens offers a comprehensive digital enterprise portfolio and domain knowledge in the battery industry. This allows LGES to accelerate its digital transformation strategy. In addition, Siemens AG will contribute to the development of the rapid growing battery industry by solidifying its position as a technology partner for the advancement and efficiency of battery manufacturing technology.

The companies will also collaborate on building a digital twin roadmap to ensure stable operations at facilities to offer first-rate quality products at the right time. Together, the companies will also develop training programs within the Institute of Battery Technology (IBT) for academic students set to work for LGES.

tradearabia

Latest Stories

Yemen Socio-Economic Update, Issue 59 - April 2021

2021-08-09 04:00:00
The impact of War.. The role of Women in Building Peace.. Required Interventions The Editorial Since the escalation of conflict and war, women in Yemen can said to be the most affected group in the society. These conditions have imposed a new reality on women and re-determined their roles and lifestyles,......
Read More

Abu Dhabi hotels post record occupancy in June-

2021-07-14 04:00:00

Abu Dhabi’s hotel industry has reported its highest occupancy since the start of the pandemic, according to preliminary June"...
Read More

Rimini Street UK Recognized in the Top 20 of the 2021 UK’s Best Workplaces™ for Women

2021-07-02 10:00:00
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it has been recognized in the 2021 UK’s Best Workplaces™ for Women in the medium-sized firm category. This achievement follows a......
Read More

UAE delivers 60,000 COVID-19 vaccine doses to Yemen's strategic island: gov't source

2021-06-20 07:00:00

The United Arab Emirates (UAE) on Thursday dispatched a plane carrying a shipment of 60,000 COVID-19 vaccine doses to war-ravaged"...
Read More