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LG Energy in talks with Toyota (TM) to supply EV batteries
March 24, 2023 2:16 PM EDTLG Energy CEO Kwon Young Soo announced Friday that the South Korean battery giant has entered into talks with Toyota Motors (NYSE: TM) in the hopes of supplying the automaker with EV batteries.
When asked about the negotiation progress with... More
UBS survey shows slowing pace of EV sector
March 24, 2023 7:38 AM EDTUBS conducted the seventh wave of its annual UBS Evidence Lab EV consumer survey with results showing 46% of consumers are likely to consider buying a fully electric car (BEV), a 3%-pts decrease y/y, marking the first sequential decline since the surveys inception in 2016. Analyst Patrick Hummel believes that the decline was driven by European markets on affordability concerns.
Hummel wrote in a note, While we... More
