Electric Battery Archives | Be Korea-savvy

Brain Drain Concerns as Chinese Battery Producers Poach S. Korean Professionals

SEOUL, Jul. 5 (Korea Bizwire) — The South Korean electric battery industry is at stake as China continues to lure professionals and experts. Contemporary Amperex Technology Co. (CATL), China’s largest battery provider, was reported to have contacted South Korean professionals in the electric battery industry, offering to triple their current salary as part of their [...]

S. Korea to Protest China’s Electric Battery Subsidies

SEJONG, Feb. 23 (Korea Bizwire) – South Korea will lodge a formal complaint against China over its new battery subsidy rules found to be unfavorable for South Korean companies at bilateral trade talks next month, the trade ministry said Tuesday. China revised its subsidy rules last month to stop offering incentives to producers of nickel-cobalt-manganese [...]