Shares of South Korean battery makers plunge after Trump revokes EV policy

Samsung SDI

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;))