South Korea's largest business lobby group, the Federation of Korean Industries, is calling for the separation of electric vehicle (EV) battery production from the country's major automakers. The move comes as the government seeks to boost domestic EV battery manufacturing and reduce the industry's reliance on foreign suppliers. Industry insiders say the federation's proposal could lead to a significant shake-up in the country's EV battery market, with potential new players emerging to challenge the dominance of established companies like LG Chem and Samsung SDI. As South Korea aims to become a global leader in EV battery production, the federation's push for separation could have far-reaching implications for the industry's future.
Federation of Korean Industries Seeks EV Battery Separation 조선일보
