Sebang Global Battery
Sebang Global Battery is a South Korean battery manufacturer (founded 1952) that vertically integrates from raw materials to assembly, producing lead-acid and lithium-ion automotive and industrial batteries for Hyundai/Kia, and grid-scale ESS modules for LG Energy Solution at a new Ohio facility.
- Company typePublic
- Founded1952
- HeadquartersSebäng, Sweden
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Sebang Global Battery does
Sebang Global Battery (legal name Sebang Co Ltd; KRX: KR7004490006) is a South Korean battery manufacturer founded in 1952 and headquartered in Seoul, operating with 501-1000 employees. The company manufactures automotive and industrial batteries across both lead-acid and lithium-ion chemistries, with vertical integration extending from raw materials through final assembly. It supplies major Korean automakers Hyundai Motor Group (Hyundai and Kia) as anchor customers in the automotive segment, and is expanding into grid-scale energy storage system (ESS) battery modules via its subsidiary Sebang Lithium Battery, which has secured a KRW 1.8 trillion manufacturing agreement with LG Energy Solution to produce modules at a new Ohio, USA facility.
The business model is hardware sales through direct OEM supply agreements (enterprise field sales and OEM-embedded channels), with pricing determined via OEM contracts rather than disclosed list pricing. Revenue streams are split between legacy automotive battery supply to Hyundai/Kia and the emerging grid-scale ESS module supply to LG Energy Solution in North America. A KRW 100 billion capital increase at Sebang Lithium Battery (Sebang Battery taking 92.1% of new shares at KRW 731 per share, payment due July 1, 2026), participated in by Chairman Lee Sang-woong and his son Lee Won-seop, is funding the US expansion through newly established subsidiary Sebang Lithium Battery America.
Sebang's strategy is anchored on three structural tailwinds: the US regulatory exclusion of Chinese battery products, the projected growth of the American ESS market from 51 GWh (2023) to 976 GWh (2035), and the EV transition creating new lithium-ion battery demand from incumbent Korean OEM customers. Korean brokerages project mid-teens earnings growth on the back of margin resilience and the EV/ESS pivot. Operational geographies currently span South Korea (HQ) and the newly entered United States (Ohio manufacturing), with the company explicitly positioning for further diversification of its customer base beyond Korean OEMs.
Sebang Global Battery firmographics
Firmographics- Name
- Sebang Global Battery
- Legal name
- Sebang Co Ltd
- Website
- https://gbattery.com
- Company type
- Public
- Founded year
- 1952
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Sebang Global Battery is a South Korean battery manufacturer (founded 1952) that vertically integrates from raw materials to assembly, producing lead-acid and lithium-ion automotive and industrial batteries for Hyundai/Kia, and grid-scale ESS modules for LG Energy Solution at a new Ohio facility.
- Ownership category
- akta.pro rank
Sebang Global Battery industry classification
Industry- Product category
- Automotive Battery Manufacturing
- NAICS
- Battery Manufacturing (33591), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Battery Pack & Module Manufacturing (EV) (IMACACAA)
- akta.pro secondary industries
- Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA), Battery Cell Manufacturing (EV) (IMACACAB), Battery Pack Manufacturing & Module Assembly (EUAFABAI), Automotive Batteries & 12V/Low-Voltage Energy Storage Manufacturing (IMACAJAJ)
Keywords
Where Sebang Global Battery is headquartered
LocationHeadquarters
- HQ city
- Sebäng
- HQ country
- Sweden
- HQ region
- Europe
Offices2 records
Markets served
Sebang Global Battery business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- ESS Battery Module Manufacturing (LG Energy Solution OEM): Sebang Lithium Battery manufactures grid-scale ESS battery modules for LG Energy Solution under a localization agreement in the United States. Revenue from this contract is valued at KRW 1.8 trillion, with expected revenue recognition beginning Q4 of the contract year.
- Automotive Battery Supply: Sebang supplies automotive and industrial batteries to major Korean OEMs including Hyundai and Kia, operating with vertical integration from raw materials to assembly. Revenue is derived from the sale of both lead-acid and lithium-ion batteries.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels2 records
Sebang Global Battery product offering
Product offeringCore offering
Sebang Global Battery manufactures automotive and industrial batteries, including both lead-acid and lithium-ion chemistries, with vertical integration spanning from raw materials to final assembly. The company supplies major Korean automakers such as Hyundai Motor Group and Kia Corporation and is expanding into grid-scale energy storage system (ESS) battery modules produced under a localization agreement with LG Energy Solution at a new Ohio, USA subsidiary.
Product overview
Sebang Global Battery (also referred to as Sebang Co Ltd) is a South Korean battery manufacturer operating with vertical integration from raw materials to final assembly. The company specializes in both traditional lead-acid automotive batteries and expanding lithium-ion production for the automotive and industrial markets. The product portfolio includes automotive batteries and industrial batteries supplied to major Korean OEMs such as Hyundai Motor Group and Kia Corporation. Recent expansion includes grid-scale ESS battery modules produced under a localization agreement with LG Energy Solution in the United States, with revenue anticipated from Q4 2026. The company's structure includes subsidiary Sebang Lithium Battery and its US subsidiary Sebang Lithium Battery America.
Differentiator
Problem solved
Functional benefit
Products and services
- Automotive Batteries Lead-acid and lithium-ion automotive batteries manufactured with vertical integration from raw materials to assembly, supplying major Korean automakers including Hyundai Motor Group and Kia Corporation.
- Industrial Batteries Industrial battery products for various non-automotive industrial applications, part of the company's vertical integration strategy from raw materials to final assembly.
- Grid-Scale ESS Battery Modules Energy storage system (ESS) battery modules for grid-scale applications, manufactured under a localization agreement with LG Energy Solution at a new Ohio, USA subsidiary. Valued at KRW 1.8 trillion with revenue expected from Q4 2026.
Quantifiable outcome
- KRW 1.8 trillion ESS order from LG Energy Solution with revenue expected from Q4 of the contract year.
- +2 more outcomes
Companies that use Sebang Global Battery
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Sebang Global Battery technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Sebang Global Battery partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- LG Energy SolutioncoreSebang Lithium Battery (a subsidiary of Sebang Battery) has entered into a manufacturing agreement to produce grid-scale ESS battery modules for LG Energy Solution at its newly established Ohio subsidiary. The order is valued at KRW 1.8 trillion, with revenue expected from Q4 of the contract year. This represents a significant localization of battery production for the North American energy storage market.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
Sebang Global Battery competitors and assessment
Company assessmentDirect peers
- SK On: Korean EV battery cell and pack supplier serving global OEMs. Directly comparable to Sebang in automotive lithium-ion cells and packs and a relevant competitor for Korean OEM EV platforms.
- Clarios: World's largest automotive battery manufacturer, predominantly lead-acid with growing lithium-ion. Directly comparable to Sebang in motive (12V) lead-acid batteries and a benchmark for low-voltage automotive energy storage.
- LG Energy Solution: Korea's largest battery manufacturer covering cells, packs, and ESS; directly comparable to Sebang across automotive and grid-scale ESS, and is simultaneously Sebang's anchor customer for the Ohio ESS modules.
- EnerSys: US-headquartered industrial battery manufacturer with lead-acid and lithium-ion product lines. Directly comparable to Sebang's industrial battery segment and to its ESS-adjacent reserve power and motive offerings.
- GS Yuasa: Japanese battery manufacturer spanning automotive lead-acid, industrial, and lithium-ion. Directly comparable to Sebang in dual-chemistry automotive and industrial batteries, particularly in the OEM and replacement channels.
- Samsung SDI: Korean cell and pack manufacturer with automotive, ESS, and small-format battery exposure. Directly comparable to Sebang's lithium-ion automotive and ESS ambitions and a likely competitor for the same OEM platform slots.
- East Penn Manufacturing: Privately held US lead-acid battery maker serving automotive, commercial, and industrial markets. Directly comparable to Sebang's lead-acid manufacturing scale and North American distribution exposure.
Broad incumbents
- CATL: Global EV battery leader with a broad cell and pack portfolio. Relevant incumbent peer that defines the global cost and scale benchmark Sebang must compete against, particularly in EV cells and ESS.
- Panasonic Energy: Major global cell supplier with automotive and ESS exposure. Broad incumbent peer relevant to Sebang's automotive lithium-ion and ESS ambitions and the US policy-driven competitive landscape.
Regional players
- Exide Industries: India-headquartered lead-acid and lithium-ion battery manufacturer serving automotive, industrial, and inverter segments. Regional peer useful for benchmarking Sebang's lead-acid economics, though operating in a different primary geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Sebang Global Battery social profiles
Digital presenceSebang Global Battery financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sebang Global Battery leadership team
Management profileNumber of profiles
Profiles2 records
Sebang Global Battery subsidiaries and ownership
Company hierarchySubsidiaries2 records
Sebang Global Battery funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sebang Global Battery M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sebang Global Battery
What does Sebang Global Battery do?
Sebang Global Battery manufactures automotive and industrial batteries, including both lead-acid and lithium-ion chemistries, with vertical integration spanning from raw materials to final assembly. The company supplies major Korean automakers such as Hyundai Motor Group and Kia Corporation and is expanding into grid-scale energy storage system (ESS) battery modules produced under a localization agreement with LG Energy Solution at a new Ohio, USA subsidiary.
Is Sebang Global Battery a public or private company?
Sebang Global Battery is a public company. It is classified as public and is currently operating.
When was Sebang Global Battery founded?
Sebang Global Battery was founded in 1952. It employs 501 to 1,000 people.
Where is Sebang Global Battery based?
Sebang Global Battery is headquartered in Sebäng, Sweden, in the Europe region.
How does Sebang Global Battery make money?
Two revenue lines are on record. ESS Battery Module Manufacturing (LG Energy Solution OEM) is the primary driver. The others are automotive Battery Supply.
Who are Sebang Global Battery's main competitors?
Direct peers on record are SK On, Clarios, LG Energy Solution, EnerSys, GS Yuasa, Samsung SDI and East Penn Manufacturing. Broad incumbents are CATL and Panasonic Energy. Exide Industries is listed as a regional player.
Does Sebang Global Battery have an API?
No public API is recorded for Sebang Global Battery.
What industry is Sebang Global Battery in?
Sebang Global Battery's product category is Automotive Battery Manufacturing. Its primary akta.pro industry code is IMACACAA, Battery Pack & Module Manufacturing (EV), with a secondary code of IMAGAHAA, Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH). Its NAICS code is 33591 and its SIC code is 3600.