Lg Energy Solution News - Latest Updates & Headlines

South Korean battery firms make record investments amid EV slowdown

Seoul, Jan 22: South Korea's three major battery makers likely made all-time-high investments in research and development (R&D) activities last year despite a slowdown in electric vehicle sales, industry sources said on Wednesday.

Seoul shares turn lower amid rising woes over US protectionism

Seoul, Jan 21: South Korean stocks turned lower on Tuesday after new US President Donald Trump ordered his administration to address unfair trade practices globally.

Operating loss in Q4 due to EV sales slowdown: LG Energy

Seoul, Jan 9: LG Energy Solution Ltd (LGES), South Korea's leading battery maker, on Thursday estimated it swung to an operating loss in the fourth quarter from a year earlier amid slowing sales of electric vehicles (EVs).