Jul 09, 2021 01:37 PM (GMT+8) · EqualOcean
According to the battery industry support plan announced by South Korea yesterday, the total investment in South Korea's power battery industry will reach 40.6 trillion won (about 35 billion US dollars) by 2030, and more than 30 South Korean battery manufacturers, including LG energy solutions, Samsung SDI and SK innovation, will participate. Among them, LG energy solutions will invest 12.4 trillion won (about 10.69 billion US dollars) in R & D and expansion of new generation battery technology; Sk innovation will invest 23 trillion won (19.83 billion US dollars) in the industry by 2025; Samsung SDI will invest in equipment, research and development.