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LG Chem plans to spin off battery business

LG Chem logo
(REUTERS)
HJ
By:
HYUNJOO JIN
R
By:
Reuters
|
September 17, 2020 10:30 AM

SEOUL -- South Korea's LG Chem, a supplier for Tesla Inc. and General Motors, said Thursday it plans to separate its battery business into a new company as the electric vehicle market takes off.

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