LGCLF News and Press, Lg Chemical Ltd Ord From 05/06/21

In the past year, Europe took over the top place from China as a growing electric vehicle market , with the outlook for 2021 also looking bright. But if there’s a clear fact is that the EV space will require batteries, and to meet that demand megafactory capacity plans ar...

Panasonic's automotive battery business contributes approximately 6% of total sales despite being the third-largest global manufacturer. Key competitors are ramping up manufacturing capacity, whilst Panasonic appears to be circling back to strengthen its appliances business. The s...

The following slide deck was published by LG Chemical Co., Ltd. in conjunction with their 2021 Q1 earnings call. For further details see: LG Chemical Co., Ltd. 2021 Q1 - Results - Earnings Call Presentation

LG Chemical (LGCLF): Q1 operating profit of KRW1.4TRevenue of KRW9.65T (+43.4% Y/Y)Press Release For further details see: LG Chemical reports Q1 results

Taiwan accounts for approximately 65% of the world's semiconductor production, but the worst drought in 50 years is proving to be very challenging to semiconductor production, which requires a lot of water. Another industry crisis is expected to be the lithium battery shortage. Ma...

All of the recent positive economic news caused the IMF to raise its 2021 U.S. GDP forecast by a giant step to 6.4% (from 5.1% previously estimated). That would represent the strongest annual economic growth rate since 1984. The one warning flag is inflation. Producer Price Index rose...

BNEF forecasts a 122x increase in global energy storage from 2018 to 2040. WoodMac: Global energy storage capacity is expected to grow at a CAGR of 31% through 2030. The March 2, 2021, CLEAN Future Act (H.R. 1512) Bill authorizes US$565B towards US carbon-free electricity by 2035. The...

The ETF diversifies across the lithium and battery industry by including the most prominent companies in the space. More than 100 million electric cars are expected to drive on global roads, a major growth catalyst for the ETF. Although valuations remain high, the ETF is well-dive...

Hitachi, Toshiba not proceeding with nuclear plans in UK; China last hope for new UK Gen III reactors, but sovereign risk? India had plans for 6 Westinghouse reactors; will they be built? Japan, US no new reactors. Rolls Royce getting serious about Small Modular Reactors; plans fo...

Hyundai launches the BEV IONIQ 5 on its E-GMP platform, with IONIQ 6 and IONIQ 7 coming. Hyundai has success with BEV exports to Europe. Meanwhile Toyota keeps promoting fuel cells with a package available for a variety of products for third-party developers. Hyundai at the fr...