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
-
In a recent revelation, insiders close to the renowned celebrity couple, Katy Perry and Orlando Bloom, have disclosed fresh details about their long-awaited wedding plans. The couple, whose nuptial arrangements were previously delayed for various reasons, is reportedly contemp...
-
Pakistan's drama industry has evolved into a cultural force that captivates audiences not only within the country but also across borders. Renowned for its compelling storytelling, powerful performances, and diverse themes, Pakistani dramas have garnered international acclaim,...
Facebook Comments