LG Energy Sees Surprise Fourth Quarter Loss as EV Demand Slows
LG Energy Solution Ltd. reported a surprise preliminary operating loss for the fourth-quarter as slowing demand for electric vehicles, including the rollback of subsidies in some markets, darkens the outlook...
By Hyonhee Shin · Bloomberg Markets
LG Energy Solution Ltd. reported a surprise preliminary operating loss for the fourth-quarter as slowing demand for electric vehicles, including the rollback of subsidies in some markets, darkens the outlook for South Korea’s largest battery maker.