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01 Dec
15:05

LG Chem launches battery unit spin off

LG Chem has spun off the world’s largest electric car battery business into a new company named LG Energy Solutions, in a ceremony on 1 December, Kallanish reports. LG Energy Solutions will be headed by Kim Jong Hyun and have Hak Cheol Shin as its chairman. The new corporation’s moto is to be “a leading eco-friendly company that provides higher value than expected with the best technologies and quality, while innovatively improving quality of li…
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