Major Battery Makers See Steady Drop in Plant Operation Rates Amid EV Market Slump

Major battery makers see steady drop in plant operation rates amid EV market slump

Major battery makers reported a continued decrease in factory utilization rates in the first half due to waning global demand for electric vehicles...

Major battery makers see steady drop in plant operation rates in S. Korea - tennews.in: National News Portal

Seoul, Aug 15 (IANS) Major battery makers reported a continued decrease in factory utilisation rates in the first half due to waning global demand for electric vehicles (EVs), data showed on Friday. In its semiannual report, industry leader LG Energy Solution Ltd. (LGES) said its production capacity stood at 20.1 trillion won (US$14.5 billion) in […] The post Major battery makers see steady drop in plant operation rates in S. Korea appeared firs…