UPDATED. 2024-04-18 05:34 (목)
LG Energy to slow down spending plan in North America
LG Energy to slow down spending plan in North America
  • Lee Min-Jo
  • 승인 2024.03.26 05:59
  • 댓글 0
이 기사를 공유합니다

Expansion of battery production capacity to continue in long run, CFO says
Image: LG Energy Solution
Image: LG Energy Solution

LG Energy Solution expects the slowdown in the electric vehicle battery market that started last year to continue up to the first half of the year.

In response, the South Korean battery maker will adjust its investment timeline in North America, company CFO Lee Chang Sil said during the company’s shareholders’ meeting in Seoul on Monday.

The current market situation has been unprecedented since LG Energy Solution started its battery business, Lee noted.

Last year there was also a slowdown in demand for EVs and lithium prices also dropped, the executive said.

But LG Energy Solution focused on expanding its sales in South Korea and continued to focus on the North American market, and it was continuing to expand its production capacity overall, the CFO said.

This year, LG Energy Solution will focus on its fundamentals despite external factors, Lee said.

The company will start expanding the production of 4680 cylindrical batteries and also add new products such as lithium iron phosphate and high-voltage mid-nickel batteries, he said.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트