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LG Energy Solution, Electric Vehicle Battery Maker, Reports Massive Q2 Profit Surge
2 week ago /
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Author：小编
LG Energy Solution, the South Korean battery manufacturer, has announced an impressive 152% surge in its operating profit for the second quarter, reaching KRW 492 billion. This figure vastly outpaces analysts' predictions of KRW 298 billion. The primary driver behind this substantial growth is customers' pre-emptive stockpiling of batteries amidst concerns about potential tariffs in the United States, which sparked an early surge in demand. LG Energy Solution supplies leading automakers including Tesla, General Motors, and Volkswagen.
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