Having failed in the smartphone industry and withdrawing from many countries, LG is achieving serious success in other areas. LG, which is among the best in the world in television and screen production and is very active in white goods, has taken a new step in its electric vehicle charging business.
LG has acquired an electric vehicle charger developer called AppleMango. The acquisition of this South Korean-based company will enable the launch of charging stations with a user-friendly interface, real-time control, as well as a durable structure.
LG acquires AppleMango for electric vehicle charging business
LG is not an inexperienced company in electric vehicles, which is the most popular topic of the last period, it has been developing batteries, screens and sensors for electric vehicles for a long time. In addition, it has recently joined forces with Magna International to develop electric motors, inverters and on-board chargers.
Founded three years ago, in 2019, AppleMango has many proprietary technologies, especially the thin and fast electric vehicle charger. LG will work with partners GS Energy and GS Neotek, which operate vehicle charging stations, to develop the infrastructure.
LG plans to set up a car charger production line at LG Digital Park in South Korea by the end of 2022. The main goal is to provide tailored EV charging solutions to a variety of customers, including private residences, shopping malls, hotels and public buildings.
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