# If LG Energy Solution moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/lg-energy-solution · Facet: ripple · Updated: 2026-09-24T04:08:54.181993+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, LG Energy Solution is directly linked to 23 companies (16 supply, 6 revenue, 1 investment relationships) and reaches 32 companies within two hops; the links are backed by 37 dated sources, 6 of them primary filings (as of 2026-09-24).

LG Energy Solution operates across KOSPI, EV battery cells, top-tier global. It is -9.9% in 2026. Demand side (avg -2.9%), the stock (-9.9%) and supply side (avg -10.5%) are moving in step. Propagation has completed a lap, so the next leg depends on individual results more than chain direction. Among connected nodes the furthest ahead is Sociedad Química y Minera de Chile S.A. (+12.4%) and the furthest behind is Chunbo (-32.5%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. The top five automaker customers are ~63% of sales, cushioning volume, while the graph reaches into cathode and lithium sourcing, so a single metals or policy variable shakes the whole chain.

## Demand chain (leading)
- T1 Tesla (https://valuechain.wiki/tesla.md)
- T2 PG&E Corporation (https://valuechain.wiki/pg-e.md)
- T2 Edison International (https://valuechain.wiki/edison-international.md)
- T1 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)
- T2 Mazda Motor (https://valuechain.wiki/mazda-motor.md)
- T1 General Motors (https://valuechain.wiki/general-motors.md)
- T1 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T1 Honda Motor (https://valuechain.wiki/honda-motor.md)
- T1 DTE Energy (https://valuechain.wiki/dte-energy.md)
- T2 Oracle (https://valuechain.wiki/oracle.md)
- T3 OpenAI (https://valuechain.wiki/openai.md)
- T3 Palantir Technologies (https://valuechain.wiki/palantir.md)
- T3 Uber (https://valuechain.wiki/uber.md)
- T3 Marriott International, Inc. (https://valuechain.wiki/marriott-international.md)
- T3 The Sherwin-Williams Company (https://valuechain.wiki/sherwin-williams.md)
- T3 Consolidated Edison, Inc. (https://valuechain.wiki/consolidated-edison.md)

## Supply chain (benefiting)
- T1 POSCO Future M (https://valuechain.wiki/posco-future-m.md)
- T2 POSCO Holdings (https://valuechain.wiki/posco-holdings.md)
- T1 L&F (https://valuechain.wiki/landf.md)
- T1 Umicore (https://valuechain.wiki/umicore.md)
- T1 Chunbo (https://valuechain.wiki/chunbo.md)
- T1 Sociedad Química y Minera de Chile S.A. (https://valuechain.wiki/sqm.md)
- T1 Albemarle (https://valuechain.wiki/albemarle.md)
- T1 Daejoo Electronic Materials (https://valuechain.wiki/daejoo-electronic.md)
- T1 Yunnan Energy New Material (SEMCORP) (https://valuechain.wiki/yunnan-energy.md)
- T1 Lotte Energy Materials (https://valuechain.wiki/lotte-energy-materials.md)
- T2 Lotte Chemical (https://valuechain.wiki/lotte-chemical.md)
- T3 Itochu (https://valuechain.wiki/itochu.md)
- T1 SKC (https://valuechain.wiki/skc.md)
- T2 Toyota Tsusho (https://valuechain.wiki/toyota-tsusho.md)
- T1 Enchem (https://valuechain.wiki/enchem.md)
- T1 Ganfeng Lithium (https://valuechain.wiki/ganfeng.md)
- T1 PNT (People & Technology) (https://valuechain.wiki/pnt.md)
- T1 Dai Nippon Printing (https://valuechain.wiki/dai-nippon-printing.md)
- T2 Hoya Corporation (https://valuechain.wiki/hoya.md)
- T1 Advanced Nano Products (https://valuechain.wiki/advanced-nano-products.md)
- T1 LG Chem (https://valuechain.wiki/lg-chem.md)
- T2 Cosmo Advanced Materials & Technology (https://valuechain.wiki/cosmo-advanced-materials-technology.md)
- T3 Mitsubishi Chemical Holdings (https://valuechain.wiki/mitsubishi-chemical-holdings.md)
- T1 LS ELECTRIC (https://valuechain.wiki/ls-electric.md)

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