Battery makers are reported impressive sales in Q3.

LG Energy Solution raised again its annual sales target to 25 trillion won. It already raised the sales target from 19.2 trillion won to 22 trillion won in Q2. Samsung has reported a better operating margin than CATL and LG. The growth in the battery industry keep...

General Motors is delaying its 400K EV goal by around 6 months.

During Q3 2022 earning call, Marry Barry made the following statement: “All of our 2023 launches are progressing well. However, due to a slightly slower launch of cell and pack production than we expected, our plan is now to produce 400,000 EVs in North America...