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Battery firm LG Energy Solution Q1 profit plunges on weak EV sales

Battery firm LG Energy Solution Q1 profit plunges on weak EV sales
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(LEAD) LG Energy Solution Q1 net plunges 62 pct on slowing EV sales

(ATTN: RECASTS throughout; ADDS photo) SEOUL, April 25 (Yonhap) -- LG Energy Solution Lt...

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S.Korean shares fall despite strong GDP data; chipmakers drag

Round-up of South Korean
financial markets:

** South Korean shares fell on Thursday, pulled down by
chipmakers, while traders remained cautious despite strong
domestic GDP...

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Battery Firm LG Energy Solution Q1 Profit Plunges on Weak EV Sales

Battery Firm LG Energy Solution Q1 Profit Plunges on Weak EV Sales
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Seoul shares open weaker on tech, battery slump

South Korean stocks opened weaker Thursday as investors sought profits following the previous session's sharp rise amid mixed overnight results on Wall Street. The benchmark Korea Composite Stock Price Index fell 26.04 points, or 0.97 percent, to 2,649.71 in the first 15 minutes of trading. On Wednesday, the main index spiked nearly 2 percent, backed by chipmakers and batterymakers. Overnight, Wall Street closed...

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Over 90% foreign production strikes South Korean battery exports

Over 90% foreign production strikes South Korean battery exports
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LG Energy Solution Makes Progress Amid Market Uncertainties, Aims to Strengthen Fundamental Competitiveness This Year

LG Energy Solution Makes Progress Amid Market Uncertainties, Aims to Strengthen Fundamental Competitiveness This Year
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LG Energy Solution Q1 Net Plunges 62 Pct on Slowing EV Sales

LG Energy Solution Q1 Net Plunges 62 Pct on Slowing EV Sales
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Modern EV Batteries Rarely Fail: Study

Modern EV Batteries Rarely Fail: Study
insideevs.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideevs.com Daily Mail and Mail on Sunday newspapers.

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Korea's battery maker LG Energy Solution Q1 net plunges 62% on slowing EV sales

LG Energy Solution (LGES), Korea's leading battery maker, said Thursday its first-quarter net profit plunged 62 percent from a year earlier due to slowing electric vehicle sales.

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