Slower EV growth expected to impact South Korean battery material suppliers' financial performance

Jessica Tsai, Taipei; Peng Chen, DIGITIMES Asia Monday 25 December 2023 0

Credit: AFP

South Korea-based battery material companies like EcoProBM, Posco Future M, and L&F will likely see their profitability weaken as EV market growth decelerates and battery raw material prices fall. Car OEMs adopting price reductions will also affect...

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