Korean Battery Maker LG Chem Lifted By Tesla Boom

Jul.20 — The global demand for electric cars, particularly those from Tesla, is boosting a South Korean battery maker that is now the world’s number 1. LG Chem has surged more than 60% this year to a valuation of about $30 billion and is now the sixth largest stock on the Kospi index. Bloomberg’s Heejin Kim reports on “Bloomberg Markets: Asia.” …read more

Source:: Yahoo Finance

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