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CATL leads the global battery race: South Korea's top 3 makers struggle to keep up

Jessica Tsai, Taipei; Levi Li, DIGITIMES Asia 0

Credit: AFP

Global EV battery demand outside China increased by 12.7% from January to October 2024. South Korea's top battery makers—LG Energy Solution (LGES), SK On, and Samsung SDI—recorded growth in battery installations during this period.

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