Exactly - it isn't able to supply the full power that the motors are capable of and doesn't.
There is a difference in acceleration, the 2021 US MYP with the higher output motors (same as in European models) are faster - 1/4 mile and real world acceleration albeit not by huge amounts as it looks like they are not fully utilising them even with the panasonic batteries (power output seems to be capped at around 430kw, and then not for very long during a pull).
European:
1/4 mile 12.22 - this is with ~90% SOC
US:
1/4 mile 12.06....looks to be similar SOC
Not much in it on that example, but guy does say his best was 11.98 and i've seen a few sub 12 seconds. on US videos.
What is needed is a comparison of the 2 models (LG vs Panasonic) with SOC @ 70% - that's where I believe you will see a very big difference as the panasonic will still be putting out max power (430KW capped) and the LG will be down a lot at that point.