Korean Battery Giants Ride Out EV Slump with U.S. Tax Credits, Eye Trump Tariff Risks

SEOUL, April 30 (Korea Bizwire) —  South Korea’s major battery makers are increasingly reliant on U.S. subsidies under the Inflation Reduction Act (IRA) as a prolonged slump in electric vehicle (EV) demand—known as the “EV chasm”—drags on, clouding earnings prospects and investment strategies. Now, growing political uncertainty in Washington is further complicating the industry’s outlook. Companies like [...]