LG and SK On lay off workers as it reduces EV investments in N. America

LG Energy Solution (LGES) and SK On are laying off workers as it reduces electric vehicle (EV) investments in North America. The South Korean battery suppliers are slowing their expansion in North America due to sluggish demand in the electric vehicle market.  LG Energy Solution announced it would be laying off 170 workers at its … Continue reading LG and SK On lay off workers as it reduces EV investments in N. America