LG Energy Solution Faces Profit Decline Amidst Global EV Market Challenges
LG Energy Solution Ltd (LGES) reported a notable decline in second-quarter operating profit, citing sluggish global EV sales.
Hyundai Motor and LGES Finish Constructs EV Battery Plant in Indonesia
On Wednesday, informing about jointly build plant with LGES, Hyundai Motors said that it has complete the construction, allowing the South Korean automotive giant a fully-integrated EV production system in the Southeast Asian nation.