SK Innovation's CFO Seo Geon-ki joins SKIET board as battery separator maker faces mounting losses exceeding 500 billion won over two years, with credit agencies maintaining negative outlook amid EV demand slump and subsidy cuts
#YonhapInfomax #SKIET #SKInnovation #BatterySeparator #FinancialSoundness #EVDemand #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=108408

LG Energy Solution has terminated a $3 billion EV battery supply contract with US-based FBPS following the partner’s exit from the battery business, marking over $10 billion in canceled orders this month and intensifying concerns about weakening North American EV demand.
#YonhapInfomax #LGEnergySolution #FBPS #BatterySupplyContract #EVDemand #ContractCancellation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97299

Goldman Sachs lowers Tesla's price target to $320, citing challenging fundamentals amid weakening EV demand and decreased sales in Europe and China
#YonhapInfomax #Tesla #GoldmanSachs #PriceTarget #EVDemand #DeliveryEstimates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53183

EV demand spikes in the U.S. and Europe during first part of the year

https://www.teslarati.com/ev-demand-spikes-us-europe-survey/

#Deloitte #EVDemand #Featured #Survey #News