LGES diversifies ESS equipment suppliers after Daejin Machinery default, court rehabilitation
LG Energy Solution (LGES) is reportedly restructuring its energy storage system (ESS) battery equipment supply chain after major partner Daejin Machinery entered financial difficulties and began court-led rehabilitation proceedings. LGES is transferring some orders to existing equipment suppliers while seeking new partners to reduce the risk of supply disruptions.
Read original article ↗
Related Articles
AI Needs a Governed Path, Not a Ban, Armor Founder Tells GovWare
Chris Drake says AI should complete useful business work automatically within policy. CISOs can enable that autonomy by
Forty Percent of Employees Say Their CEO Isn't Transparent Enough on AI
Nearly 90% of CEOs Are Confident Employees Trust Their Leadership, but Only 46% of Employees Agree One in Three CEOs Hav
Testing Multi-Vehicle Autonomous Operations and System Optimization in Purpose-Built Logistics Lanes TOKYO, Oct. 14, 202
LG, Bosch team up on automotive chiplets
LG Electronics is reportedly working with Bosch to develop automotive chiplets, a move that would mark LG's formal entry