SEOUL, Aug. 5 (Yonhap) -- POSCO Chemical Co., an affiliate of South Korea's steel giant POSCO Group, said Wednesday it will expand production capacity of cathodes, a key component for electric vehicle (EV) batteries.
POSCO Chemical said the move will boost its annual production capacity of cathodes to 70,000 tons by 2022, which is enough to manufacture about 840,000 electric vehicles equipped with 60 kWh battery packs.
https://en.yna.co.kr/view/AEN20200805006400320?input=tw
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