LG Chem to supply EV batteries to Volkswagen from late 2019

SEOUL (Reuters) – South Korea’s LG Chem said on Thursday that it has secured orders to supply electric vehicle batteries for Volkswagen (VOWG_p.DE) starting late 2019.

It did not disclose the size of the deal, saying the volume and the prices of the batteries will be subject to change depending on Volkswagen’s orders and market conditions.

Reporting by Hyunjoo Jin; Editing by Christian Schmollinger

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