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According to Chinese media outlet IThome, citing a report from The Elec, South Korean battery manufacturer Samsung SDI is reported to increase its use of production equipment sourced from Chinese suppliers. Samsung SDI Executive Vice President Kim Ik-hyeon noted at the company’s annual sharehol...
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As the merger between Japanese automakers Nissan and Honda highlights the threat from Chinese-made electric vehicles, there may be another fundamental issue which haunts the industry – the waning global EV demand. According to Business Korea, factory utilization rates for South Korea's leading ...