Concerns grow among Korean battery-makers as Hyundai Group increases Chinese battery usage

News
Corporate developments
ATI News Team

Kia will use CATL ternary batteries in its new EV5 model, as Korean firms intensify LFP production efforts

Concerns are mounting regarding South Korean battery manufacturers potentially losing their foothold in the domestic electric vehicle market due to Hyundai Motor Group's increasing use of mainland Chinese batteries.

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