Heejin Kim and Shinhye Kang

Business, Technology, Fuel, Autonomous

LG Energy Seeks Up to $10.8 Billion in Record IPO

LG battery cell An LG Energy Solution Co. battery cell for electric vehicles. (SeongJoon Cho/Bloomberg)

LG Energy Solution plans to raise as much as $10.8 billion in what would be South Korea’s biggest-ever initial public offering, defying concerns over fires involving its batteries that led to a mass recall of Chevrolet Bolt electric vehicles.

Heejin Kim and Shinhye Kang | Bloomberg News
December 7, 2021