South Korean Battery Makers Face Headwinds, Look to U.S. Tax Credits for Relief

SEOUL, Oct. 7 (Korea Bizwire) – As the global electric vehicle (EV) market grapples with a drop in demand, South Korea’s battery industry is struggling to emerge from a prolonged slump. Increasingly, these companies are turning to U.S. tax incentives to bolster their financial performance.  According to industry analysts, the three major South Korean battery manufacturers — [...]