[Edaily Reporter JAEMIN SONG ] “The pace of demand recovery in the electric vehicle market is slower than initially expected. Factors such as the timing of environmental regulations in various countries and policy changes are affecting market recovery. We are pursuing additional orders for mid-to-low-priced products, such as high-voltage mid-nickel and lithium iron phosphate (LFP) batteries, and are continuing discussions with multiple clients in the U.S. and Europe regarding the 46-series cylindrical batteries. In the second half of the year, we will focus our order-winning efforts on projects where demand is confirmed, and we will communicate with the market through public announcements once major contracts are finalized.”

…LG Energy Solution Q2 2026 Conference Call