US EditionEurope Should Learn From Korea: Hyundai and Kia Join Forces with Battery Makers Lg, Samsung, and Sk to Take on China.
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Hyundai and KIA have announced a strategic alliance with the three largest South Korean battery manufacturers (LG Energy Solution, Samsung SDI, and SK On) to challenge the Chinese industry, the current global leader in the sector. Gone are the days when Korean manufacturers dominated the battery industry. China's rise has turned the sector upside down: in the first half of 2025, CATL and BYD alone achieved a 55% share of the global electric car …
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