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LG Energy Solution Cancels FBPS Contract, Offloads Ohio Plant Assets to Honda as EV Demand Slows

The company reports limited direct financial impact, with industry reports tying cancellations to weaker U.S. demand following EV incentive rollbacks.

GE Vernova Lifts 2028 Targets, Doubles Dividend, Expands Buybacks as Shares Jump

Vertiv, Caterpillar Sign MOU to Deliver Integrated On-Site Power and Cooling for Data Centers