LG New Energy in Talks with Chinese Firms to Produce Low-Cost EV Batteries for Europe Amid Rising Competition

Telah Terbit: Jul 24, 2024 16:25
[LG New Energy is negotiating with Chinese companies to produce low-cost EV batteries for Europe] An executive of LG New Energy (LGES) in South Korea said that the company is negotiating with three Chinese suppliers to produce low-cost electric vehicle batteries for Europe. After the EU imposed additional tariffs on electric vehicles made in China, competition will become more intense.

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