With progress in visa negotiations between the South Korean and the US governments, LG Energy Solution (LGES) is poised to accelerate construction and operations at its US factory.

Amid tariff pressures and inflation, overall consumer market purchasing power has softened. However, LG Electronics continues to see strong shipments across multiple product lines, including small appliances and washing machines in 2025, delivering double-digit revenue growth in Taiwan.

The US Department of Energy (DOE) announced that its Loan Programs Office (LPO) has restructured a financing deal with Lithium Americas Corp. (LAC), with participation from General Motors (GM), to support the development of a domestic lithium carbonate production facility. The facility, located at Thacker Pass, Nevada, is expected to produce approximately 40,000 tonnes per year of battery-grade lithium carbonate once fully operational.