EV Mechanica

Subscribe to EV Mechanica's Current Newsletter & never miss an update!

    Close Menu
      Facebook X (Twitter) Instagram
      EVMechanicaEVMechanica
      EVMechanicaEVMechanica
      • Home
      • News
        • E-Mobility
        • EV Battery
      • Charging Stations
      • Policy
      • Research
      • Interview
      • Jobs
      • Events
      • E-Mag
      • Subscription
      Facebook YouTube LinkedIn WhatsApp
      EVMechanicaEVMechanica
      Home » LG Electronics to Enter EV Charging Market Soon

      LG Electronics to Enter EV Charging Market Soon

      Aishwarya SaxenaBy Aishwarya SaxenaJune 27, 2022 EV Battery 1 Min Read
      Share
      Facebook Twitter LinkedIn WhatsApp

      LG Electronics has acquired a domestic EV charging maker to advance into the EV charging solutions business amid a global electrification push.

      LG EV ChargingThe company recently acquired a 60 percent stake in AppleMango (amount undisclosed), with GS Energy and GS Neotek taking over 34 percent and 6 percent stakes in LG Electronics, respectively.

      LG said that it is planning to establish an EV charging production line at the LG Digital Park in Pyeongtaek, which is around 60 km south of Seoul, and the production line will start by this year itself.

      LG further stated in a statement: “With the acquisition, LG aims to strengthen its business portfolio together with the existing automotive electronics business “in the era of EVs.”

      The collaboration has taken place to secure a new growth engine, LG stated in an official statement.

      AppleMango was established in 2019 and has advanced technologies in manufacturing slow and fast chargers, both for household and commercial use.

      AppleMango automotive electronics EV charging production line GS Energy GS Neotek LG Electronics manufacturing news
      Share. Facebook Twitter LinkedIn WhatsApp
      Aishwarya Saxena

      More article from Aishwarya Saxena

      Keep Reading

      EV & Auto Stocks Mixed on July 1: HBL Engineering, Olectra Greentech Lead Gainers Amid Volatile Session

      EV and Auto Stocks Mixed on June 27

      New component lowers cost, eases EV battery constraints

      Leave A Reply Cancel Reply

      8 + seven =

      E-MOBILITY

      India EV 2025 Day 2: Funding, Innovation Propel

      July 1, 2025

      EVeium boosts affordability of premium EVs via localisation

      July 1, 2025

      Odysse Electric sells 344 units, sees 54% growth

      July 1, 2025

      EKA Mobility appoints Sanjay Kumar Bohra CCO

      July 1, 2025

      Articles

      Is Silver the New Strategic Metal for the EV and Clean Energy Revolution?

      The transition to sustainable energy systems and electric vehicles (EVs) is not a pipe dream;…

      EV Incentive Phase-Out: What Happens After FAME-II Ends in India?

      As India made progress creating new clean transport, there is a significant change with the…

      The Subsidy Paradox: Can India Sustain EV Incentives Without Breaking the Bank?

      As India accelerates its electric vehicle (EV) revolution, subsidies have played a pivotal role in…

      © 2025 EVMechanica.com.
      • Home
      • About Us
      • Contact Us
      • Subscription

      Type above and press Enter to search. Press Esc to cancel.