[Concall] LG Chem "Low Possibility of IRA Abolition if Trump is in Power"

On the 25th, during the Q2 earnings conference call, LG Chem stated, "Although U.S. candidate Trump has pledged to abolish the IRA if re-elected, it is realistically expected that subsidies will be reduced rather than completely eliminated." They added, "While the reduction in benefits may have a negative impact on electric vehicle demand, the market growth is expected to continue in the mid to long term."

They continued, "The Tennessee plant, which began construction earlier this year, will proceed with investment as planned for 2026 based on long-term supply plans, regardless of changes in customer order volumes."