SEOUL -- LG Energy Solution unveiled an ambitious plan for its initial public offering, aiming to raise up to 12.8 trillion won ($10.9 billion) next month on the Seoul stock market as global demand for electric vehicle batteries increases sharply.
World's No. 2 EV battery maker aims to raise $11bn to expand capacity
South Korea's LG Energy Solution sees promise in booming demand for electric vehicle batteries. © Reuters
SEOUL -- LG Energy Solution unveiled an ambitious plan for its initial public offering, aiming to raise up to 12.8 trillion won ($10.9 billion) next month on the Seoul stock market as global demand for electric vehicle batteries increases sharply.