LG Energy Solution Shares Slide 6% as Ford Scales Back EV Plans
Shares of LG Energy Solution fell sharply by around 6% after Ford announced it was scaling back its electric vehicle expansion plans. The market reaction was swift and reflected growing investor concern about slowing electric vehicle demand, changing industry priorities, and rising costs across the global auto sector. This development has also sparked wider discussion in the stock market about how closely battery makers are tied to the strategic decisions of major automakers.
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