LG Electronics Joins the Electric Car Charging Business Arena


 LG Electronics today announced the acquisition of a South Korea-based electric vehicle charger company, AppleMango.



With more companies joining electric vehicles, the demand for electric chargers is also expected to increase sharply. LG already has expertise in technology, in addition to the B2B sector, that can be used in expanding this electric charging business.


Through this acquisition, AppleMango will become a subsidiary under LG Electronics.


With LG Electronics having come out of the smartphone business, maybe after this we will see their brand on vehicle chargers on the market in the future.

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