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LG Opens First US Electric Vehicle Charger Factory

Source: LG Electronics

Seoul, South Korea - LG Electronics has expanded its electric vehicle (EV) charging infrastructure by opening its first EV charger manufacturing plant in the United States. 

Located in Fort Worth, Texas, the 5,500-square-meter facility will focus on supplying chargers to meet growing demand in North America, with an expected annual capacity of more than 10,000 units.

The company chose Texas for the factory because of its existing facilities, solid logistics, and proximity to the automotive industry. 

The move aligns with LG's recent strategic focus on electrification and sustainability. It also supports U.S. efforts to expand EV infrastructure under the Stimulus Act.

LG has already begun assembly of 11kW chargers at the plant. It plans to add 175kW fast chargers in the first half of 2024, followed by 350kW ultra-fast chargers later next year. 

This power range will serve different customer needs, primarily commercial transportation.

The company aims to address the diverse charging needs of hotels, shopping malls, stores, gas stations, and parking garages. 

L G's existing U.S. business provides insights to help expand its charging solutions.

According toRoland Berger, the global EV charging market will reach $186 billion by 2030, driven by environmental regulations and vehicle electrification. 

Jang Ik-hwan, president of LG Business Solutions Company, said: "By establishing our EV charger manufacturing plant in Texas, we will be able to actively respond to the rapidly growing demand for EV infrastructure in the US."

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