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SOUTH KOREAN BATTERY MAKERS' DECLINING SHARE
Auto Components India
|December 2024
Three South Korean electric vehicle battery makers saw their combined global market share fall from a year earlier in the first 10 months of 2024 amid robust growth of Chinese rivals, industry data showed on Monday.
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The trio - LG Energy Solution, SK On Co. and Samsung SDI Co. - held a combined 20.2 per cent of the global EV battery market in the January-October period, down 3.5 percentage points from a year earlier, according to the data from market researcher SNE Research. Chinese makers CATL and BYD saw their
This story is from the December 2024 edition of Auto Components India.
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