Fort Worth, Texas – January 12, 2024: Gearing up for the electric vehicle (EV) boom, LG Electronics (LG) has thrown its hat in the ring, opening its first EV charging station factory in the United States right here in Fort Worth, Texas. This strategic move marks LG’s commitment to electrifying America’s transportation landscape and carving a niche in the burgeoning EV infrastructure market.
The impressive 100,000-square-foot facility boasts an initial production capacity of 12,000 charging stations annually, aiming to conquer both home and public charging sectors. Initially focusing on Level-2 AC chargers ideal for homes and workplaces, LG plans to swiftly introduce the groundbreaking Level-3 DC chargers later in the year, significantly reducing charging times for road trippers and powering public charging networks.
While industry giants like ChargePoint and Tesla hold sway, LG’s proven tech expertise and battery know-how make it a formidable competitor. “The US EV market is surging, and LG is fueling the ride,” declared Alec Jang, president of LG Electronics Business Solutions Company. “This factory is our starting line, our commitment to providing America with cutting-edge charging solutions that accelerate the adoption of EVs nationwide.”
Beyond chargers, LG’s Fort Worth factory represents a strategic diversification, creating hundreds of local jobs and propelling Texas’ tech scene forward. Local officials are ecstatic, lauding the economic boost and LG’s dedication to the community.
Perfectly timed with the Biden administration’s National Electric Vehicle Infrastructure (NEVI) program injecting billions into public charging networks, LG’s strategic entry couldn’t be more fitting. This government initiative acts as rocket fuel for LG’s ambitious aspirations, propelling it toward market leadership.
LG’s US EV charger factory marks a crucial pit stop on America’s journey toward a cleaner, electrified future. With its established brand, technological prowess, and strategic partnerships, LG is poised to become a game-changer, electrifying not just Texas, but the entire nation.