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Battery maker LG Energy Solution warns of slowing EV demand, shares tumble

Battery maker LG Energy Solution warns of slowing EV demand, shares tumble
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Battery maker LG Energy Solution warns of slowing EV demand, shares fall

SEOUL :South Korean battery firm LG Energy Solution (LGES) warned on Wednesday of slowing revenue growth in 2024 due to global economic uncertainties affecting the outlook for electric vehicle sales, sending its shares down nearly 7 per cent.It joins a growing number of automakers and suppliers expressing cau

South koreaSoult ukpyolsiUnited statesSouth koreanKim gyunghoonLee chang silKang dong jinLg energy solutionFinancial officer lee chang silGeneral motorsPresident kim gyunghoonHyundai motor securities

LG Energy Solution sounds EV sales alarm

Global economic jitters and shifting automaker strategies cloud the electric vehicle horizon

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Will China s Lock on Graphite Supplies Become a Problem for EV Manufacturing?

With an apparent monopoly on graphite, China is imposing export permits on the essential material. So how does this material supply change affect EV consumers?

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As Graphite Exports Slow, Will Domestic EV Industry Struggle?

With an apparent monopoly on graphite, China is imposing export permits on the essential material. So how does this material supply change affect EV consumers?

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