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[Graphic News] S. Korea accounts for one-third of global EV battery market in Jan.-Aug. period
[Graphic News] S. Korea accounts for one-third of global EV battery market in Jan.-Aug. period
World BusinessOct 21, 2021
Three South Korean electric vehicle battery makers accounted for about a third of the global market in the first eight months of the year, but they are facing toughening competition with Chinese rivals, a market research firm said. The trio - LG Energy Solution, Samsung SDI and SK Innovation - accounted for 34.8 percent of the global EV battery market in the January-August period, inching down from 35 percent a year ago, according to the data from SNE Research. LG Energy Solution, which supp