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July 29, 2025
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LG Energy Solution Nanjing China
  • Technology

LG Energy Solution continues EV-ESS battery production switching

Cs news6 months ago011 mins

For Q4 2024, consolidated revenue was KRW6.45 trillion (US$4.45 billion), versus KRW8 trillion in Q4 2023, falling by 19.4%, while operating profit for the final quarter of last year was recorded as a loss of KRW226 billion, sliding 167% from KRW338 billion in Q4 2023. LG Energy Solution (LG ES) posted KRW25.6 trillion (US$17.7 billion)…

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Hong Kong tycoons not obliged to invest in Northern Metropolis, Eric Chan says
  • Hong Kong News

Hong Kong tycoons not obliged to invest in Northern Metropolis, Eric Chan says

Cs news8 months ago02 mins

Hong Kong’s No 2 official has clarified that business leaders taking part in a fact-finding trip are not obliged to commit to investing in the Northern Metropolis, although he noted the response gathered for “zoned” projects has been positive. Chief Secretary Eric Chan Kwok-ki said on Wednesday that the trip had met its goal of…

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Hong Kong tycoons not obliged to invest in Northern Metropolis, Eric Chan says
  • Hong Kong News

Hong Kong tycoons not obliged to invest in Northern Metropolis, Eric Chan says

Cs news8 months ago02 mins

Hong Kong’s No 2 official has clarified that business leaders taking part in a fact-finding trip are not obliged to commit to investing in the Northern Metropolis, although he noted the response gathered for “zoned” projects has been positive. Chief Secretary Eric Chan Kwok-ki said on Wednesday that the trip had met its goal of…

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Indonesia bets on SE Asia's 1st battery plant to give it EV edge
  • Technology

Indonesia bets on SE Asia’s 1st battery plant to give it EV edge

Cs news9 months ago08 mins

At Indonesia’s first electric vehicle battery plant, the first in Southeast Asia, rows of robotic arms precisely move to assemble nickel-based battery cells on the production line. After being chosen by a joint venture of South Korea’s Hyundai and LG for the $1.1 billion factory, Indonesia is now looking to boost investment to give it…

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