English Three Battery Giants announce New Factory Investments

[NewsSpace=JeongYoung Kim] Three Korean battery companies have announced plans to establish new factories both domestically and internationally, as demand for electric vehicles continues to rise. The companies are opening dedicated battery production lines and increasing joint venture factories with car manufacturers in order to meet demand and comply with regulations for battery subsidies under the Inflation Reduction Act (IRA). Although the three companies have already started constructing factories in the United States, Canada, and Europe, the current production capacity is still insuffici

• 김정영 기자
• 2023-04-26 16:57