ON THIS WEEKEND

first_imgDigicel SPORTSMAX 21 a.m.: Sunderland vs Watford5:30 a.m.: West Ham vs Stoke City8:30 a.m.: Aston Villa vs Arsenal11 a.m.: Tottenham VS Newcastle2:30 p.m.: Liverpool vs West Brom10 p.m.: Crystal Palace vs Southampton SATurday7:45 a.m.: Norwich vs Everton10 a.m.: Man City vs Swansea City12:30 p.m.: Bournemouth vs Man UnitedSUNday Digicel SPORTSMAX 2last_img

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South Korea Behind Japan China In EV Battery Race

first_img Tesla Battery Cells Are Best Value In Class: 20% Cheaper Than LG Chem South Korea’s Battery Makers Invest Big Bucks To Stay In The Lead The Japanese, Chinese, and South Korean manufacturers control the battery market – having over 80% share according to KERI.LG Chem, Samsung SDI, SK Innovation has a chance to improve its position when Hyundai Motor Group (Hyundai and Kia) starts volume EV production, and the general European industry increases demand (without its own, European battery manufacturer).“KERI advised the government to purchase more EVs for the public sector, provide more subsidies to buyers of such green cars and beef up the country’s charging infrastructure.The government said it is pushing to get 250,000 EVs to the public and private sectors by 2020, while increasing investments in charging stations in major cities.”Source: koreabizwire.com Source: Electric Vehicle News SK Plans To Double Investment At U.S. Battery Factory KERI tries to convince the government to purchase more EVs and support manufacturersAccording to the Korea Economic Research Institute (KERI), the South Korean EV battery manufacturers are lagging behind its biggest rivals from Japan and China.Latest data indicates that the combined market share of LG Chem and Samsung SDI decreased from 30% in 2014 to 11% in 2018 – “due mainly to a lack of captive buyers”.On the other hand, Chinese Contemporary Amperex Technology (CATL) and BYD take advantage of the rapidly growing home market, while Panasonic expands together with its biggest battery customer – Tesla.More battery news Author Liberty Access TechnologiesPosted on January 18, 2019Categories Electric Vehicle Newslast_img read more

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