Move comes as conglomerate seeks to reduce dependence on Tesla and raise cash for investing in growth
LG Chem
EVE makes lithium iron phosphate batteries, which use iron rather than nickel or cobalt
Shares closed down 5.6 per cent and dropped another 6.9 per cent after hours
Authorities double evacuation area around factory after about 800 people hospitalised
Most car makers now likely to miss their EU emissions limits this year
Car maker sets up special team to source alternative supplies of critical components
‘Performance of UK economy will remain below-par until Brexit issue is resolved’
Irish motor trade is sanguine for now, but the broader industry is braced for a jobs shock from electric vehicles
Chinese company Ganfeng first visited midlands town in 2013
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