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03 Nov
15:26

LG Chem battery sales surge in Q3

Korean battery manufacturer LG Chem posted record sales for its battery division during third quarter this year, Kallanish reports. LG Chem’s total sales increased 8.8% to 75.1 billion ($66 million) Korean won, from KRW 68.9 billion in 3Q19. Battery sales rose 42% year-on-year to KRW 34.4 billion. Improved sales for the battery business were attributed to the launch of new models of electric vehicles by LG Chem’s European clients, an increase in …
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