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Amid EV Headwinds, Korea’s Battery Industry Bets on ESS, Drones and Humanoids

Amid EV Headwinds, Korea’s Battery Industry Bets on ESS, Drones and Humanoids

SEOUL, Sept. 2 (Korea Bizwire) — South Korea’s battery makers, long buoyed by global demand for electric vehicles, are bracing for a sharp downturn after the United States abruptly ended tax credits for EV purchases, a move analysts warn could choke demand for Korean cells. In a report released Sunday, the Korea Institute for Industrial [...]