LG Electronics Operating Profit Stumbles in Q4 2022
The operating profit of LG Electronics* declined by 133% YoY in Q4 2022. The revenue for Q4 2022 stood at KRW 15.47 trillion, a 1.6% growth YoY. The…
Global EV Sales up 61% in Q2 2022; BYD Leads Market
Global passenger electric vehicle (EV) sales* reached 2.18 million units in Q2 2022. BYD Auto overtook Tesla to become the top-selling EV brand…
Global EV Shipments Up 79% YoY in Q1 2022; Tesla Remains Leader
In Q1 2022, global electric passenger vehicle (EV) shipments exceeded 1.95 million units. Passenger battery electric vehicle (BEV) shipments grew…
Could Germany Reduce Its Auto Industry’s Reliance on Batteries from Asia?
The EU wants to foster home-grown companies to compete with Chinese and Korean competitors and to take battery cell production into its own hands.…