Tagged: business administration and information systems

4 February, 2023

EV battery massive LG Power Resolution upbeat on N.The usa marketplace outlook

Sees restricted affect on battery costs from drop in EV costs
Sees call for for U.S.-made batteries proceeding to develop
In talks with Tesla, different EVs to offer batteries from proposed Arizona plant

SEOUL, Jan 27 (Reuters) – Battery maker LG Power Resolution (LGES) (373220.KS) mentioned on Friday call for for electrical automobile (EV) batteries in North The usa would most likely keep robust this yr, boosting its earnings.

The South Korean corporate, which gives Tesla (TSLA.O), Common Motors Co (GM.N) and others, mentioned it’s concentrated on earnings expansion of 25-30% this yr, aiming to reach as much as 33.3

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