Previous close | 258,000.00 |
Open | 256,500.00 |
Bid | 253,000.00 x 0 |
Ask | 253,500.00 x 0 |
Day's range | 250,500.00 - 258,000.00 |
52-week range | 240,000.00 - 482,000.00 |
Volume | |
Avg. volume | 21,187 |
Market cap | 29.045T |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 3,550.00 (1.38%) |
Ex-dividend date | 27 Dec 2023 |
1y target est | N/A |
The $19 billion deal between General Motors (GM) and LG Chem represents a landmark moment in the evolution of the EV industry.
South Korea's LG Chem on Wednesday said it has signed a deal worth 24.7 trillion won ($18.61 billion) to supply electric vehicle (EV) battery cathodes to General Motors from this year to 2035. The South Korean petrochemicals giant plans to supply more than 500,000 tonnes of materials to make cathodes, enough to power about 5 million EVs, LG Chem said in a statement. LG Chem is currently building a battery cathode plant in the U.S. state of Tennessee, which is slated to start mass production in 2026.
The biorefinery is set to play a pivotal role in Eni's (E) overarching strategy to contribute to achieving net-zero emissions by 2050.