LG is one of the most notable manufacturers when it comes to EV batteries and it is now opening its inaugural charger manufacturing facility in America. It is located in Texas' Fort Worth and measures 59,000 square feet with the ability to manufacture 10,000 at a yearly rate. The home-style chargers have started assembly and it has a plan to produce 175kW fast chargers within the first six months of the year.
LG also notes that it is planning to produce 350kW ultra-fast chargers that are specifically meant for "commercial travel and long-distance transportation." The choice of Texas is because it has"excellent logistics and transportation networks and is home to major operations for companies in industries ranging from automobile manufacturing to finance."
Electric Vehicle Charging Facilities
LG Opens an EV Charger Manufacturing Facility in the US
Trend Themes
1. EV Charger Manufacturing - LG opens its inaugural charger manufacturing facility in the US, producing home-style chargers and planning to produce fast chargers for commercial travel and long-distance transportation.
2. Fast Charging Technology - LG plans to produce 175kW fast chargers within the first six months of the year and is also working on 350kW ultra-fast chargers for commercial and long-distance use.
3. Logistics and Transportation Networks - Texas' excellent logistics and transportation networks make it an ideal location for LG's charger manufacturing facility and its operations for various industries.
Industry Implications
1. Electric Vehicle Manufacturing - LG's charger manufacturing facility supports the growing electric vehicle market and its need for efficient charging infrastructure.
2. Automobile Manufacturing - Texas' major operations for automobile manufacturing make it a strategic location for LG's charger manufacturing facility and collaboration opportunities.
3. Logistics and Transportation - Texas' strong logistics and transportation networks create opportunities for efficient distribution of EV chargers and related products.