LG New Energy expects its operating loss for the fourth quarter of 2025 to exceed expectations.

LG Energy (LGES) recently released a forecast predicting an operating loss of approximately 122 billion won in the fourth quarter of 2025, exceeding market expectations. This loss is primarily attributed to weak demand in the electric vehicle market. LGES has already factored in tax credits for its battery manufacturing business under the U.S. Inflation Reduction Act.