Home LG electric vehicle charger factory opens in Texas

LG electric vehicle charger factory opens in Texas

In a bid to capture some of the demand springing up in the USA, LG Electronics has opened its first electric vehicle (EV) charger factory in Texas, and America – its first outside of South Korea.

LG’s CEO William Cho stated last year that ‘electrification’ is a primary driver for growth for the South Korean company. The expansion into the American EV market will allow them to tap into a rising demand and help them reach their goal of $79 billion in sales by 2030.

“By establishing our EV charger production factory in Texas, we will be able to actively respond to the rapidly growing demand for EV infrastructure in the U.S.,” said Jang Ik-hwan, president of the LG Business Solutions Company, in a press release.

What do we know about LG’s new Texas factory?

The new site in Fort Worth is 5,500 square meters and has an annual capacity allowing it to churn out more than 10,000 EV chargers. It has begun production of 11kW chargers and will start assembling 175kW fast chargers shortly. By the end of 2024LG also expects to be producing 350kW ultra-fast chargers in the facility.

In 2021, President Joe Biden announced plans to have at least 500,000 public EV chargers by 2030. LG stated that they believe they are “strategically and philosophically aligned with several of the energy and environmental goals set out in the U.S. government’s Inflation Reduction Act.”

The electronics giant has opened its new factory in Texas for several reasons, describing the move as “strategic”. There are existing facilities in the state, and it “boasts excellent logistics and transportation networks”. It is also already home to multiple major automobile operations – Toyota, GM, and Tesla all have vehicle assembly plants in Texas.

With companies such as Amazon expanding their EV fleets and consumer buzz over upcoming electric vehicles, this seems like a forward-looking move by LG, who are already well regarded in the EV space for their batteries.

Featured image credit: LG Electronics

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Ali Rees
Tech journalist

Ali Rees is a freelance writer based in the UK. They have worked as a data and analytics consultant, a software tester, and a digital marketing and SEO specialist. They have been a keen gamer and tech enthusiast since their childhood in are currently the Gaming and Tech editor at Brig Newspaper. They also have a Substack where they review short video games. During the pandemic, Ali turned their hand to live streaming and is a fan of Twitch. When not writing, Ali enjoys playing video and board games, live music, and reading. They have two cats and both of…

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.