https://insideevs.com/news/358947/lg-chem-increase-battery-sales-fivefold-2024/Electric car battery sales will become the biggest part of LG Chem's business with a share of around 50% and revenues of $26.7 billion
LG Chem announced a new plan for the next five years by 2024, which envisions doubling the sales from around 28.2 trillion KRW ($24 billion) to 59.5 trillion KRW (over $50 billion).
The most interesting thing for us is that currently, lithium-ion batteries for plug-in cars account for around 22% for total LG Chem revenues - 6.5 trillion KRW ($5.5 billion).
The plan is to increase battery sales roughly five times to 31.6 trillion KRW ($26.7 billion) in 2024, which would translate to about half of the total revenues!
Lithium Related Media Articles, page-352
-
- There are more pages in this discussion • 23,144 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
99.0¢ |
Change
0.035(3.66%) |
Mkt cap ! $2.400B | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | 99.5¢ | 95.0¢ | $9.144M | 9.445M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 35907 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 30593 | 5 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |