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South Korea
3 Korean EV Battery Makers’ Order Backlog to Top KRW1,000tn in 2023
The combined operating profit of LG Energy Solution, Samsung SDI and SK On is estimated to exceed five trillion won this year.That of LG Energy Solution is expe…
Electric Vehicle Battery
Korean EV Battery Manufacturers Adhering to High-Nickel Batteries
South Korean electric vehicle battery manufacturers are continuing to concentrate on ternary batteries with maximum nickel content, despite soaring nickel price…
Electric Vehicle Battery
Volkswagen Discussing Partnership with Korean EV Battery Makers
According to experts, Volkswagen is doing so for supply source diversification with its partnership with Northvolt faltering.
Energy Investment
South Korean and Chinese EV Battery Companies Competing in Hungary
South Korean EV battery companies are increasing their investments in Hungary rapidly, and yet it is China that made the largest investment in the industry in H…
Electric Vehicle Battery
South Korean EV Battery Makers Losing Market Share to CATL and BYD
The market share of LG Energy Solution fell from 26.6 percent in one year, although the usage of its batteries increased from 3.3 GWh to 4.9 GWh.
