LG Corp. will invest 100 billion won in Kakao Mobility Corp. to allow its affiliates, including LG Energy Solution Ltd. and LG Electronics Inc., to create synergy with Kakao Mobility and find new growth opportunities in the mobility sector.
LG Energy Solution has been trying to expand its business beyond manufacturing electric vehicle (EV) batteries. It is now offering battery management services and recycling of used batteries.
LG Electronics last year introduced EV charging station management solutions.
LG said it would discuss more long-term cooperation plans with Kakao Mobility, South Korea's leading taxi-hailing firm and an affiliate of Kakao Corp., which runs the country's leading mobile messenger app Kakao Talk.


Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results
Markets Stay Strong Despite Oil Shock Concerns as Earnings Drive Investor Confidence
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth
Oil Prices Ease but Remain Set for Strong April Gains Amid Middle East Tensions
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales
US-Iran Conflict Escalates Amid Oil Blockade and Rising Global Tensions
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges
Google Secures Pentagon AI Deal for Classified Projects
Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions
Trump Urges Iran to Sign Nuclear Deal Amid Ongoing Conflict and Port Blockade
Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 



