[Featured Stock] Cowintech Rises Strongly Thanks to Electric Vehicle LFP Battery
![[Featured Stock] Cowintech Rises Strongly Thanks to Electric Vehicle LFP Battery](http://www.asiae.co.kr/news/img_view.htm?img=2020111111382095249_1605062300.jpg)
[Asia Economy Reporter Hwang Junho] Following Tesla, Hyundai Motor and Kia Motors are also expected to equip their electric vehicle models with LFP batteries, leading to a strong rise in Kowintech's stock price.
As of 9:51 AM on the 28th, Kowintech is trading at 36,550 KRW, up 26.47% compared to the previous closing price.
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It is known that Top Material, in which Kowintech holds a 50% stake, possesses design and manufacturing capabilities for LFP batteries. Amid this, as Hyundai Motor and Kia Motors are reported to install LFP batteries in their electric vehicle models, Kowintech's stock price is showing an upward trend.
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