XPEV | Top Electric-Car Battery Maker Wins Approval for Company Split

(Bloomberg) — South Korea’s LG Chem Ltd.won shareholder approval to hive off its superstar battery business, with investors betting the division has a better chance to thrive as a standalone entity.The world’s biggest maker of electric-car batteries said 82.3% of votes represented at Friday’s extraordinary general meeting in Seoul were in favor of the plan.LG […]