China’s CATL Poised To Overtake LG Chem As Top EV Battery Maker
Global competition for the world’s top spot for the manufacture of rechargeable batteries is getting fiercer as China is stepping up efforts to overtake its South Korean rival in the fast-growing electric vehicle market, Koreainvestors.com reports. According to market research firm SNE Research on Oct. 5, South Korea’s LG Chem Ltd. maintained its market lead with 15.92 GWh of battery capacity supply in […]