Doosan Bobcat, a US-based manufacturer of farm and construction equipment, has signed a memorandum of understanding with LG Energy Solutions that will allow it to enter the battery pack business.

The move will accelerate the vertical integration of core components, the company said, allowing it to collaborate with LG to make standardized battery packs for compact construction equipment.

The news comes on the heels of the signing of a technical assistance agreement with CosMX in February 2025 that enabled Doosan to secure technologies for battery pack design and manufacturing.

“Through this MOU, the two companies will collaborate for standardized lithium-ion battery packs and solutions for compact construction equipment and supply them to key markets including North America,” Doosan Bobcat stated. “Specifically, LG Energy Solution will provide lithium-ion battery cells or modules, while Doosan Bobcat will add battery management systems and package them to standard battery packs optimized for compact construction equipment.”

The West Fargo-based concern, one of the few major manufacturing companies operating in North Dakota, was founded in 1958 by Louis and Cyril Keller. The company began to use the Bobcat brand name in 1962 on a 440-model loader. The current owner, Doosan, manufactures and sells skid steer loaders, compact excavators, side-by-sides, compact tractors, mowers and other small hydraulic equipment under the Bobcat brand.

Charged recently chatted with Bobcat Company’s Vice President of Global Innovation, Joel Honeyman, to learn more about the design of its electric platform.

Source: Doosan Bobcat