Author: Anela Dokso

Battery

South Korea’s battery manufacturing sector has emerged as a key player on the global stage, yet its partnership with China’s industrial chain presents both significant opportunities and inherent challenges. As China’s battery industry scales new heights, accounting for over 70% of the global battery production capacity, South Korean manufacturers find themselves at a crucial juncture for collaboration and competition. Highlighting the scope of potential gains, collaborations between South Korean firms and China’s refined industrial chain can lead to optimized production and cost efficiencies. China’s dominance in battery raw materials, specifically its control over more than 60% of the global supply…

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