Shares of South Korea’s top battery makers jumped Tuesday after clinching deals with Mercedes-Benz Group AG, providing a welcome boost to a sector that has been hit by the slowing global transition to electric vehicles.
South Korean Battery Stocks Rally on Mercedes-Benz Partnership
Shares of South Korea’s top battery makers jumped Tuesday after clinching deals with Mercedes-Benz Group AG, providing a welcome boost to a sector that has been hit by the slowing global transition to electric vehicles.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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