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
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.40 |
Change
0.000(0.00%) |
Mkt cap ! $3.394B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.46 | $1.38 | $23.06M | 16.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 106876 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 99 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.41 |
Change
0.000 ( 1.14 %) |
||||
| Open | High | Low | Volume | ||
| $1.41 | $1.46 | $1.38 | 4853013 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| LTR (ASX) Chart |