Stock Market News

LG Energy Solution to supply batteries to Japan’s Isuzu Motors -newspaper

2022.07.05 14:21

LG Energy Solution to supply batteries to Japan's Isuzu Motors -newspaper
LG Energy Solution’s logo is pictured on a smartphone in front of their web site displayed in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration

SEOUL (Reuters) – South Korea’s LG Energy Solution is on track to supply Japanese commercial vehicle maker Isuzu Motors with an estimated 1 trillion won ($763 million) or more worth of batteries, a South Korean newspaper reported on Tuesday.

LG Energy Solution is working with Isuzu to supply batteries for four years starting next year, starting with an electric vehicle version of the automaker’s bestselling Elf truck, the Korea Economic Daily reported, citing unnamed industry sources.

The truck is expected to be equipped with LG Energy Solution’s cylindrical batteries, the newspaper added.

LG Energy Solution declined comment on specific deals.

An Isuzu Motors representative could not be reached outside business hours.

($1 = 1,310.5800 won)

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 97,909.23 1.10%
ethereum
Ethereum (ETH) $ 3,424.05 4.05%
tether
Tether (USDT) $ 1.00 0.07%
solana
Solana (SOL) $ 255.49 0.32%
bnb
BNB (BNB) $ 653.68 4.46%
xrp
XRP (XRP) $ 1.48 1.58%
dogecoin
Dogecoin (DOGE) $ 0.428273 6.81%
usd-coin
USDC (USDC) $ 1.00 0.05%
cardano
Cardano (ADA) $ 1.06 8.20%
staked-ether
Lido Staked Ether (STETH) $ 3,424.06 4.00%
tron
TRON (TRX) $ 0.211981 4.02%
avalanche-2
Avalanche (AVAX) $ 41.71 2.32%
the-open-network
Toncoin (TON) $ 6.31 15.19%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 3.02%
stellar
Stellar (XLM) $ 0.495084 44.09%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,049.69 3.73%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,474.12 1.38%
polkadot
Polkadot (DOT) $ 8.60 34.33%
chainlink
Chainlink (LINK) $ 17.57 13.50%
bitcoin-cash
Bitcoin Cash (BCH) $ 504.23 2.92%
weth
WETH (WETH) $ 3,425.71 4.03%
sui
Sui (SUI) $ 3.43 1.08%
pepe
Pepe (PEPE) $ 0.000021 1.03%
leo-token
LEO Token (LEO) $ 8.63 1.32%
near
NEAR Protocol (NEAR) $ 6.16 7.33%
litecoin
Litecoin (LTC) $ 98.87 9.16%
aptos
Aptos (APT) $ 12.62 4.04%
uniswap
Uniswap (UNI) $ 10.73 14.16%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,601.74 3.78%
hedera-hashgraph
Hedera (HBAR) $ 0.151772 4.11%
crypto-com-chain
Cronos (CRO) $ 0.200595 5.77%
internet-computer
Internet Computer (ICP) $ 11.37 6.86%
usds
USDS (USDS) $ 1.00 0.82%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.574332 19.49%
ethereum-classic
Ethereum Classic (ETC) $ 29.77 6.32%
render-token
Render (RENDER) $ 7.74 5.96%
kaspa
Kaspa (KAS) $ 0.154459 2.18%
bittensor
Bittensor (TAO) $ 519.04 4.89%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.42 14.80%
bonk
Bonk (BONK) $ 0.000048 1.99%
arbitrum
Arbitrum (ARB) $ 0.87274 12.01%
whitebit
WhiteBIT Coin (WBT) $ 24.77 0.46%
dai
Dai (DAI) $ 1.00 0.04%
vechain
VeChain (VET) $ 0.041789 23.25%
mantra-dao
MANTRA (OM) $ 3.73 3.98%
filecoin
Filecoin (FIL) $ 5.52 14.43%
dogwifcoin
dogwifhat (WIF) $ 3.25 4.01%
cosmos
Cosmos Hub (ATOM) $ 8.26 12.58%
celestia
Celestia (TIA) $ 7.26 33.12%