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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Tesla battery supplier to resume output in China on Feb. 10

Reuters
Updated

SEOUL, Feb 7 (Reuters) - LG Chem, an electric vehicle battery supplier for Tesla Inc, said on Friday it planned to partly resume output at its facilities in China on Feb. 10, suspended since Feb. due to the coronavirus outbreak.

LG Chem added that the plan was subject to change.

Tesla Vice President Tao Lin said car deliveries from its new Shanghai plant would be temporarily delayed and that the company planned to restart production on Feb. 10. (Reporting by Heekyong Yang and Hyunjoo Jin)