Demand for batteries used in electric vehicles is set to slow down further in 2026 because of changes in subsidy legislation in the United States and Trump’s tariff offensive, LG Energy Solutions warned. The company released its latest quarterly financial statement this week, which showed a higher profit, but its outlook for the industry was rather pessimistic. “U.S. tariffs and an early end to EV subsidies will put a burden on automakers, potentially leading to vehicle price increases and a slowdown in EV growth in North America,”…
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