Monday, November 30, 2020

LG Chem to double China battery capacity to meet Tesla demand: Sources

LG Chem to double China battery capacity to meet Tesla demand: Sources The firm, a supplier for Tesla#39;s Shanghai-built Model 3, will also ship its increased output from China as well as Korea to Tesla#39;s factories in Germany and the United States, said two people with knowledge of the matter, signalling an increased role in the supply chain of the world#39;s leading EV manufacturer.

from Moneycontrol Business News https://ift.tt/3ocwUgl

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US equities end lower as valuation concerns creep in

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