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LGES wins deal to supply LFP batteries for Renault’s EVs

SEOUL, LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Tuesday it has signed a deal to supply lithium iron phosphate (LFP) batteries for Renault S.A.’s electric vehicles.

Under the five-year contract through 2030, LGES will…

Kia’s Sorento top-selling car in S. Korea

SEOUL, Kia’s Sorento SUV was the top-selling car in South Korea during the first half of 2024, according to industry data Tuesday.

According to auto industry sales data, Sorento sold 49,588 units during the January-June period. Kia’s Carnival miniva…