LS e-Mobility wins EVs parts contract with Hyundai-Kia
Large contract for LS e-Mobility Solutions with Hyundai.
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Large contract for LS e-Mobility Solutions with Hyundai.
The Fair Trade Commission (FTC) has approved the establishment of a joint venture between LS, which produces the core material of secondary batteries and L&F. The joint venture is tentatively named LS L&F Battery Solution.
LS Group will invest over 1.8 trillion won ($1.3 billion) in the Saemangeum National Industrial Complex to build a large secondary battery precursor factory capable of producing 120,000 tons of the material starting in 2028, according to a ministry-supervised organization, Wednesday.
LG Group Chairman Koo Kwang-mo and Hanwha Group Vice Chairman Kim Dong-kwan will head to Poland later this week as part of President Yoon Suk Yeol's business delegation, seeking to strengthen and expand Polish business partnerships. Yoon on Monday embarked on a six-day trip to attend the North Atlantic Treaty Organization summit in Lithuania and is scheduled to visit Poland later in the week. Eighty-nine represe...