LG Energy Profits Tumble 40% On Waning Battery-Powered Car Sales
Sluggish demand for electric vehicles (EVs) haunted South Korean battery maker LG Energy Solution Ltd, dragging its profits down by almost 40% from a year earlier. LG Energy’s operating profit for the three months ended Sept 30 was 448.3 billion won (RM1.34 billion), according to a company statement on Monday. While that was higher than […]