April 28, 2020 / 1:57 AM / a month ago

LG Chem expects its EV battery revenue for 2020 to drop 10%-15% vs previous forecast

SEOUL, April 28 (Reuters) - South Korean battery maker LG Chem Ltd said on Tuesday it expects its electric vehicle (EV) battery revenue to drop by 10% to 15% this year, compared to its previous target of 15 trillion won ($12.25 billion).

$1 = 1,224.7600 won Reporting by Heekyong Yang and Hyunjoo Jin; Editing by Shri Navaratnam

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