Tag: $LG Energy Solution Ltd

LG Electronics targets $77 billion in sales by 2030, holds high hopes for vehicle components

It plans to become a global top 10 company in vehicle components by more than doubling revenue to 20 trillion won by 2030, while strengthening service platforms on its home appliance and TV businesses that generate recurring profits, such as media subscriptions and rentals.

Hyundai Motor Group, LG Energy to build $4.3 billion EV battery plant in US

South Korea’s Hyundai Motor Group and LG Energy Solution Ltd (LGES) on Friday said they will build a $4.3 billion electric vehicle (EV) battery plant in the United States amid a push to take advantage of tax credits.