LG Electronics Opens First US EV Charger Factory in Texas
The company has been manufacturing chargers in South Korea for about a year, and is now looking to tap into the growing North American market.
Electric vehicle chargers near Highway 50 in Lamar, Colorado.
Photographer: Rachel Ellis/Bloomberg
LG Electronics Inc. today opened its first EV charger factory outside of South Korea — in Forth Worth, Texas — as the company targets the North American market.
LG repurposed a 100,000-square-foot (9,000-square-meter) facility that has the capacity to produce 12,000 chargers per year, according to Michael Kosla, senior vice president of sales at LG Business Solutions US. The company will partner with charging station operators to sell its machines. LG anticipates benefitting from the Biden administration’s National Electric Vehicle Infrastructure program (NEVI), which is allocating funding to operators of charging stations to build out a national network of public EV chargers in the US.
“We have letters of intent for thousands of units of sales already,” Kosla told Bloomberg Green. “So it’s been a very targeted approach, and NEVI is a tremendous part of that strategy.”