KORE Power Competitors and Similar CompaniesClear all

Northvolt's competitors and similar companies include LG Energy Solution.
Northvolt
Northvolt
Northvolt is a company that manufactures battery cells and systems, including lithium-ion, sodium-ion, and lithium-metal battery cells and integrated battery systems.
LG Energy Solution
LG Energy Solution
LG Energy Solution (주식회사 엘지에너지솔루션, LGES) is a company that provides energy solutions.
Founding Date
Founding Date
2016
Founding Date
2020
Type
Type
Private
Type
Public
Tags
Locations
Locations
Stockholm, SE HQ
Heide, DE
Fredrikstad, NO
Gdańsk, PL
Setubal, PT
Gothenburg, SE
Skellefteå, SE
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Locations
Seoul, KR HQ
Mulgrave, AU
Nanjing, CN
Nanjing, CN
Nanjing, CN
Sulzbach (Taunus), DE
New Delhi, IN
see more
Employees
Employees
1,9575% increase
Employees
12,405

Financial

Revenue (est.)
Revenue (est.)
$128.3m (FY, 2023)
Revenue (est.)
₩23.7t (FY, 2025)
Cost of goods
Cost of goods
$690.6m (FY, 2023)
Cost of goods
₩16.3t (FY, 2025)
Gross profit
Gross profit
($562.3m) (FY, 2023)
Gross profit
₩9.6t (FY, 2025)
Net income
Net income
($1.2b) (FY, 2023)
Net income
₩80.8b (FY, 2025)
For sources of this data, please see the company profile

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LG Energy Solution
HQ
Seoul, KR
Employees
12,405

LG Energy Solution (주식회사 엘지에너지솔루션, LGES) is a company that provides energy solutions.

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