|Bid||264,000.00 x 0|
|Ask||264,500.00 x 0|
|Day's range||259,000.00 - 271,000.00|
|52-week range||193,000.00 - 327,500.00|
|Beta (5Y monthly)||1.22|
|PE ratio (TTM)||N/A|
|Earnings date||27 Jan 2022 - 31 Jan 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||27 Dec 2019|
|1y target est||345,269.00|
The South Korean battery giants powering many of the world's electric vehicles face a skills shortage that could drag on the global race towards zero-emissions transport. The country's three major players, which command a third of the global electric vehicle (EV) battery market, told Reuters they were all grappling with a shortage of research and engineering specialists as demand for the technology balloons. LG Energy Solution (LGES), SK On, and Samsung SDI Co Ltd all rank in the top-six https://graphics.reuters.com/SOUTHKKOREA-BATTERIES/TALENT/lbvgngxzmpq/chart.png global battery makers, and supply the likes of Tesla Inc, Volkswagen and Ford Motor Co among others.
SAN FRANCISCO (Reuters) -Ford Motor Co's battery joint venture partner, Korea's SK Innovation, expects the U.S. vehicle industry to face a battery supply shortage until 2025 because of the long lead times to build production facilities, top SK executives told Reuters. SK Innovation's battery unit, SK On, is also considering developing lithium iron phosphate batteries (LFP), which have an advantage in cost and thermal stability despite a lower driving range, Kim Jun, chief executive of SK Innovation and Jee Dong-seob, CEO of SK On, said.
The plan for Ford Motor Co and Korean battery partner SK Innovation to build three battery plants in the United States, announced this week, will prompt a furious drive by labor leaders to organize the plants, potentially setting the tone for future union drives at auto industry factories in the U.S. South. The United Auto Workers (UAW) union, which represents about 150,000 hourly workers at the U.S. plants for General Motors Co, Ford and Chrysler parent Stellantis NV, is working to represent workers at battery plants. Union leaders have said Ford has a "moral obligation" to make sure battery plant jobs are good-paying union jobs.