SEOUL, Dec 16 (Reuters) – Shares of South Korean battery maker LG Energy Solution fell 6% by 0554 GMT after customer Ford Motor said on Monday it is killing several electric vehicle models. LG Energy peer Samsung SDI dropped 3.5% and cathode maker Posco Future M plunged 8.2%. (Reporting by Heejin Kim; Editing by Tom […]
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Shares of LG Energy Solution fall 6% after Ford retreats from EV push
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SEOUL, Dec 16 (Reuters) – Shares of South Korean battery maker LG Energy Solution fell 6% by 0554 GMT after customer Ford Motor said on Monday it is killing several electric vehicle models.
LG Energy peer Samsung SDI dropped 3.5% and cathode maker Posco Future M plunged 8.2%.
(Reporting by Heejin Kim; Editing by Tom Hogue)