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2023 Motive Power Battery Overseas Market Share Battle: CATL in Pursuit, BYD Surges Ahead

According to data from South Korean research firm SNE Research, the global (excluding China) sales of electric vehicle (EV) batteries totaled approximately 319.4 GWh in 2023, marking a 43.2% increase compared to the same period in 2022. Notably, in the global (excluding China) ranking of electric vehicle battery installations, LG Energy Solution (LGES) maintained its top position, experiencing a growth of 32.9% compared to the same period in 2022, with installations reaching 88.6 GWh and a marke...
South Korea United States South Korean Kia Ray Lg Energy Solution Battery Materials Department
Source: metal.com

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2024 Kia Ray electric car launches! Is this a look at the future of the Kia Picanto and would this price be right for a city-sized EV in Australia?

Kia Australia has hinted in the past that the future of its Picanto small car could be electric. So the Kia Ray mini MPV - which just launched in electric form in its home market of Korea - could be our best look at the future of Australiaโ€™s most affordable hatchback.
Soult Ukpyolsi South Korea Kia Ray Kia Australia Apple Carplay Android Auto

Korean battery makers threatened by rapid growth of Chinese rivals

Concerns are growing that Korean battery makers could lose their dominance over Chinese competitors in the global market excluding China, as more electric vehicle (EV) manufacturers prefer to use inexpensive lithium iron phosphate (LFP) batteries instead of ternary batteries, according to industry officials, Monday.
United States Soult Ukpyolsi South Korea Olaf Scholz Han Byung Hwa Mathias Huettenrauch

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