The demand for Korean batteries has declined globally amidst rising demand for EVs. The combined market share of 3 major Korean battery manufacturing companies, LG Energy Sol., Sk On and Samsung SDI has fallen by 3.5 pps the reason anticipated to be availability of cheap Chinese alternatives as China’s CATL holds 36.
Premium Content Access
This content is available exclusively to our paid subscribers. Please login to enjoy full access. If you’re interested in subscribing to access our premium content, please contact us at support@omnicoreplus.com.