LG Energy Solution (373220.KS) traded as much as 16% higher after announcing a 6GWh U.S. battery energy storage agreement with DTE Energy. The deal covers a 1.5GW project portfolio in Michigan and starts deliveries in 2026.
SK Innovation reported Q1 2026 consolidated operating profit of KRW 2.162 trillion, returning to profitability from losses in the prior comparable period, driven by recovery across its EV battery (SK On), lubricants, and chemicals businesses. The turnaround reflects easing battery pricing pressure and elevated energy margins during the Iran conflict cycle.