LG Energy to Boost Energy Storage Amid EV Demand Slowdown

LG Energy Solution is changing its plans because people aren't buying as many electric cars.

They plan to focus more on storing energy, like in big batteries, especially in the US.

This is because they think it'll be a good business with growing needs for electricity.

The company also wants to make batteries in the US so it can get some money back from the government.

At the same time, they have to deal with rivals from China.