Shares of South Korean battery makers plunge after Trump revokes EV policy
21/01/2025 01:28
SEOUL, Jan 21 (Reuters) - Shares of South Korean battery
makers dropped on Tuesday, after U.S. President Donald Trump
revoked the previous administration's executive order on
electric vehicles on his first day as the 47th president of the
United States.
LG Energy Solution 373220.KS shares fell 5%, while Samsung
SDI 006400.KS and SK Innovation 096770.KS shares lost more
than 4% each.
(Reporting by Jihoon Lee; Editing by Christopher Cushing)
((jihoon.lee@thomsonreuters.com;))
Recent news on LG Chem
See all newsBrief: Lg Chem To Resume Operation At Yeosu Ncc No. 2 Plant On Oct. 12
Brief: Lg Chem Timing Of Resumption Of Running Yeosu Ncc No. 2 Plant Is Not Decided
South Korea raids petrochemical firms in price-fixing probe, media reports (updated)
Brief: Lg Chem Q2 Operating Profit 599.6 Billion Won, Up 25.8% Y/Y
Brief: Lg Chem To Invest 15 Trln Won On Research And Development By 2035