Ratel Consulting will support LG PRI’s North American market development, leveraging its battery industry expertise and network to expand customer opportunities for LG PRI’s turnkey battery manufacturing solutions.

SEOUL, South Korea, Nov. 3, 2026 /PRNewswire/ — LG Electronics’ Production Engineering Research Institute (LG PRI) has appointed Ratel Consulting LLC as its Outside Representative for North America, effective immediately. The partnership will initially focus on the North American battery market, where LG PRI aims to expand its customer base and build new references by combining its battery manufacturing expertise with Ratel’s industry knowledge and network.

Building on its experience developing manufacturing equipment and production solutions for LG Group businesses, including home appliances, displays, semiconductors, heavy industries, automotive, pharmaceutical, LG PRI has expanded its smart factory business to external manufacturers. In batteries, LG PRI has supported more than 260 production lines worldwide, including 76 in the United States.

As a systems integrator and turnkey provider, LG PRI offers capabilities spanning electrode production, cell manufacturing, and module and pack assembly. It combines process engineering, production equipment, automation and intralogistics, supporting customers from line planning and design through installation, commissioning and production ramp-up. Drawing on these capabilities, LG PRI will prioritize module and pack manufacturing projects in its North American business development with Ratel. This targeted approach will enable LG PRI to address near-term customer needs, build regional references and progressively expand its business across the broader battery manufacturing sector.

“Our battery manufacturing capabilities have been built through hands-on experience developing and integrating production lines. Through our collaboration with Ratel, we aim to bring that expertise to more North American customers and support them in translating their manufacturing plans into reliable production. Ratel’s battery industry knowledge and customer relationships will be valuable in expanding our presence in the region,” said Wonjae Hwang, VP of Smart Factory Business Development, LG Electronics Production Engineering Research Institute.

“North America is building battery and advanced manufacturing capacity at a remarkable pace. Often the hardest part is not building a plant but ramping it, which means hitting yield, quality, and throughput targets quickly. LG PRI has spent decades building and refining production lines including what is now the largest battery manufacturer outside of China. That experience is now available outside LG and we’re excited to help manufacturers across the region put it to work,” said Charlie Parker, Founder and Principal Consultant of Ratel Consulting.

North American manufacturers interested in LG PRI’s battery manufacturing solutions can contact Ratel Consulting at solutions@ratelconsulting.com.

About LG Electronics Production Engineering Research Institute

LG PRI provides integrated production systems and smart factory solutions that help manufacturers improve productivity, efficiency, and quality. Building on its experience supporting LG Group’s manufacturing innovations, LG PRI delivers tailored solutions across battery, display, automotive, semiconductor, biopharmaceutical, etc. 

https://www.lg.com/global/business/smart-factory/ 

About Ratel Consulting LLC
Ratel Consulting is a growth advisory based in Cambridge, Massachusetts. Battery technology is a core practice area, alongside semiconductor, AI infrastructure, and advanced mobility. Ratel provides market intelligence and business development services in industries being transformed by emerging technologies. https://www.ratelconsulting.com/

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SOURCE Ratel Consulting