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FACTBOX: Asian firms that dominate the global market for electric batteries

Published On 02 Dec 2019 11:24 AM


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Asian firms dominate the electric vehicle battery market and grow their production capacity in Europe, China, and the U.S. in a battle to win lucrative contracts from global automakers.

Nonetheless, some car manufacturers are worried that not enough batteries will be sufficient for all the EVs they plan to launch in the coming years and a bitter battle between South Korea's SK Innovation and LG Chem risks would intensify the poss....


Tags : vehicle, manufacturing, car , united state,
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