[Concall] LG Energy Solution "Maintain Existing Investment Policy... Adjust Speed if Necessary"
Lee Chang-sil, Chief Financial Officer (CFO) of LG Energy Solution, stated during the conference call for the Q4 earnings announcement held on the 26th, "The projects starting new mass production this year include the second plant of the joint venture with GM and the joint venture plant with Hyundai Motor in Indonesia," adding, "We are proceeding according to schedule and preparing for stable mass production."
He continued, "After 2025, there are the third plant of the joint venture with GM, the joint venture plant with Honda, and the joint venture plant with Hyundai Motor in North America," explaining, "These plants will also proceed as planned without change."
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However, he noted, "Investment plans may be adjusted depending on changes in market conditions and customers' production plan adjustments," and said, "If speed adjustment is necessary, we will respond flexibly and proactively."
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