Latest
LG Energy Solution Surges in North America with Expanding ESS Business
LG Energy Solution is rapidly expanding its North American footprint beyond electric vehicle (EV) batteries, focusing on the surging Energy Storage Systems (ESS) sector amid increasing renewable energy generation. In the first to third quarters of the previous year, LG Energy Solution Vertech, the company's ESS subsidiary, reported a staggering 289.0% increase in sales, reaching 1.097 trillion won (US$833.5 million). Notably, the third quarter marked a significant turnaround, with the company achieving a net income of 81 billion won, a remarkable shift from the previous year's net loss of 93 billion won.
About The Author
Zabitah is a digital space dedicated to fostering open dialogue, understanding, and progress in our ever-evolving society. Zabitah believes in the power of unbiased information, constructive conversations, and diverse perspectives to shape a better tomorrow.
You Might Also Like
-
Britney Spears has refuted recent reports suggesting that pop stars Charli XCX and Julia Michaels were approached to write songs for her upcoming album. Page Six and the Sun had previously claimed that these artists were enlisted for the project. Rolling Stone quoted an inside...
-
Renowned actor David Tennant, celebrated for his iconic role as Doctor Who, is poised to take on the role of host for the prestigious BAFTA Film Awards for the first time. The BAFTA Film Awards, a highlight in the U.K.'s cinematic calendar, are scheduled to unfold on February ...
Facebook Comments