Search result for LG ENERGY SOLUTION LTD.
LG ENERGY & GM TO BUILD EV BATTERY FACTORY IN THE U.S
Highlights –
- LG Energy & GM to build EV battery factory in the U.S.
- LG Energy Solution will spend 1.06 trillion won for building the factory.
- The total investment for the new EV factory is expected to be worth 2.7 trillion won.
SK TO SETTLE OVER EV BATTERY DISPUTE WITH LG BY PAYING $1.78 BILLION
Highlights –
- SK to settle over EV battery dispute with LG by paying $1.78 billion.
- The U.S. ITC sided with LG in a trade secret case and had issued a 10-year import ban on SK.
- The settlement now averts the import ban that was initiall...
S. KOREA’S 3 EV BATTERY MAKERS SAW GLOBAL MARKET SHARES FALL
Highlights –
- S. Korea’s 3 EV battery makers saw global market shares fall.
- LG Energy Solution Ltd. global market share slipped to 19.2 percent.
- SK Innovation Co. global market share fell to 5 percent.
- Samsung SDI Co.&...
POSCO CHEMICAL SOLD SHARES TO RAISE $1.1 BILLION FOR RECHARGEABLE BATTERY BUSINESS
Highlights –
- POSCO Chemical sold shares to raise $1.1 billion for rechargeable battery business.
- POSCO Chemical Co. sold 16.47 million shares at 77,300 won.
- The new shares are said to be listed on the Seoul bourse on Feb. 3.