In the biotech industry, there is a saying about the so-called "LG brigade." That is because people from LG CHEM are stationed throughout the field. LG CHEM was once called a powerhouse in new drug ...

SEOUL, Dec 26 (Reuters) - South Korean battery maker LG Energy Solution (LGES) (373220.KS), opens new tab has cancelled a 3.9 trillion won ($2.7 billion) contract with Freudenberg Battery Power ...

Korean battery maker LG Energy Solution Ltd. said Friday it has agreed with a U.S. company to terminate a supply contract signed in 2024 by mutual consent. In a regulatory filing, LG Energy Solution ...

Honda Motor Co. will buy out LG Energy Solution Ltd.’s facilities and other assets from their joint battery plant in Ohio for about 4.2 trillion won ($2.9 billion) as America’s pullback in electric ...

South Korea’s LG Energy Solution has agreed to divest factory building assets at its Ohio electric vehicle battery joint venture to Honda Development and Manufacturing of America. In a transaction ...

LG Energy Solution has ended its battery supply agreement with US module maker FBPS (Freudenberg Battery Power System), following a separate contract termination with Ford Motor Company, marking the ...

(RTTNews) - LG Energy Solution announced the termination of a single sales contract with Freudenberg Battery Power Systems, LLC. The terminated agreement was an electric vehicle battery supply ...

The Ohio facility forms part of a $4.4bn battery manufacturing joint venture announced in 2022 between Honda Motor and LG Energy Solution. Credit: Kittyfly / Shutterstock.com South Korea’s LG Energy ...

LG Energy Solution shares were down in early trading on the 29th. It is seen as a reaction to news on the 26th that a large battery contract was canceled. The headquarters of LG Energy Solution in ...

This article first appeared on GuruFocus. Honda Motor Co. (NYSE:HMC) is moving to take full control of its Ohio electric-vehicle battery project, agreeing to buy out LG Energy Solution's facilities ...

(RTTNews) - LG Energy Solution, Limited (373220.KS), a South Korean battery maker, said on Wednesday that it has decided to sell assets of L-H Battery Company Inc., in Ohio to Honda Development and ...