Battery maker LG Energy Solution said it will make major cuts to spending this year, though it expects a rebound in sales, as ...

South Korean battery firm LG Energy Solution (LGES) said on Friday it plans to cut capital expenditure by up to 30% this year ...

Management indicated that EV battery margin will likely remain under pressure in first-half 2025. While we are optimistic on LGES’ battery business outlook in the US in the long run and believe ...

GM has signed a new multi-billion dollar deal with Vianode to provide the automaker with graphite anode materials for use in ...

GM reached a deal with EV battery materials company Vianode to ... Specifically, the material is expected to go to GM’s battery cell manufacturing joint venture with LG Energy Solution but ...

SEOUL, Jan. 24 (Yonhap) -- LG Energy Solution Ltd. (LGES), South Korea's leading battery maker, said Friday it shifted to a ...

Click here to see details on LG’s final results The mixed outlook from the world’s third-biggest EV battery supplier signals ongoing turbulence for the sector as demand slows. GM is shutting down its ...

bought a stake from GM in another battery plant in Lansing, Michigan, in December. In a New Year message early this month, LG Energy Solution CEO Kim Dong-myung said he expected the EV market ...

LG Energy Solution Cuts Capex on Slowing EV Demand After Q4 Loss By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korean battery firm LG Energy Solution (LGES) said on Friday it plans to cut ...