Vintage mate, CATL were the leading threat but now I believe there is a huge shift!! To see LG, Samsung and SK work together in R&D is a HUGE threat to the Chinese battery market and Global battery market. This is a force to be reckoned with and extremely beneficial for Korea and their role in the electric vehicle market !!
http://m.yna.co.kr/mob2/en/contents_en.jsp?cid=AEN20181112002700320&site=0200000000&mobile&fbclid=IwAR10SkJIG51seJySC4riQ_0GoWVgNZ0wRYIDN6XLFDD5gF9pHh0knnFdOWY
"South Korea's big-three rechargeable battery makers have agreed to create a fund to jointly develop next-generation battery technologies and foster related industries, the industry ministry said Monday. The companies -- LG Chem Inc., Samsung SDI Co. and SK Innovation Co. -- signed a memorandum of understanding for joint R&D of key battery technologies and the creation of a fund worth 100 billion (US$88.4 million) in the first quarter of 2019, the Ministry of Trade, Industry and Energy said"
Vintage mate, CATL were the leading threat but now I believe...
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