LG Chem expects its EV battery revenue for 2020 to drop 10%-15% vs previous forecast

SEOUL (Reuters) – South Korean battery maker LG Chem Ltd (051910.KS) said on Tuesday it expects its electric vehicle (EV) battery revenue to drop by 10% to 15% this year, compared to its previous target of 15 trillion won ($12.25 billion).

Reporting by Heekyong Yang and Hyunjoo Jin; Editing by Shri Navaratnam

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