LG Energy Solution's storage battery surge restores core profit as spending falls

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 04 Nov, 00:19 UTC

LG Energy Solution's third-quarter recovery shows energy storage as a growing earnings driver as the battery maker redirects production toward North American demand. Better factory utilization helped restore operating profit even without manufacturing incentives, although a consolidated net loss…