S. Korea to Invest Some $12.4B Over 10 years to Become Dominant in Rechargeable Li-ion Batteries
Green Car Congress
JULY 13, 2010
billion) in the next 10 years to become the world’s dominant producer of rechargeable batteries. As of 2009, South Korean, Japanese and Chinese companies controlled 95 percent of the global production with Japan’s Sanyo holding onto 20 percent of the market followed by Samsung SDI Co. and LG Chem Ltd. and LG Chem Ltd.
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