Why it is moving
Preliminary results from LG Energy Solution, one of the largest global battery suppliers, reflect an uneven demand environment across business segments. The EV segment is affected by a slowdown in key markets, while the energy storage segment maintains growth momentum.
Driver data is partial
Some drivers have no confirmed source evidence yet, read those as context, not confirmation.
Main drivers
Slowing EV demand in key markets noted by LG Energy Solution.
No confirmed source evidence yet.
Energy storage system (ESS) demand remains strong, partially offsetting the EV segment impact.
No confirmed source evidence yet.
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