|Bid||238,000.00 x 0|
|Ask||238,500.00 x 0|
|Day's Range||235,500.00 - 245,000.00|
|52 Week Range||232,000.00 - 412,500.00|
|Beta (5Y Monthly)||1.24|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||12,050.00 (4.84%)|
|Ex-Dividend Date||Dec 29, 2021|
|1y Target Est||N/A|
SEOUL, South Korea, May 16, 2022--LG Chem has developed an advanced plastic product to prevent thermal runaway in EV batteries.
The U.S. National Highway Traffic Safety Administration (NHTSA) on Tuesday said it is opening a review to ensure all defective batteries produced by LG Energy Solution have been recalled by automakers. The auto safety agency noted Mercedes-Benz, Chrysler-parent Stellantis, General Motors and Hyundai Motor have issued recalls since 2020 due to internal failures in high-voltage vehicle batteries that pose fire risks. NHTSA said the equipment query covers 138,324 vehicles and will communicate with LG "and other companies that might have purchased the same or similar equipment from LG, notify them of this defect in any vehicles they manufactured, and to ensure thorough safety recalls are conducted where appropriate."
KBR to provide technology licensing and engineering for its breakthrough plastics recycling technology, Hydro-PRT.