After leading the market share, Chinese electric vehicle power battery manufacturers set their sights on the South Korean market.
June 1 news, In the field of electric vehicle battery, Domestic manufacturers and South Korean manufacturers have obvious advantages, Market share is the first, Domestic manufacturers are mainly Ningde era, BYD, Zhongxinhang, Yiwei lithium energy, etc., South Korea is LG new energy, Samsung SDI, SK On these three manufacturers.
According to the data released by relevant institutions, in terms of installed capacity of electric vehicle batteries, the share of domestic manufacturers is much higher than that of South Korea's three major manufacturers.
The latest reports from foreign media show that domestic electric vehicle battery manufacturers, which have an advantage in market share, are also expanding the Korean market. Many manufacturers in South Korea will adopt batteries from domestic manufacturers. Model Y equipped with domestic batteries produced by Shanghai Super Factory is also expected to enter the Korean market within the year.
According to foreign media reports, Korean automakers that will use batteries from domestic manufacturers are Hyundai Motor and KG Mobility. It is reported that the Ray electric car launched by Hyundai Motor in the second half of the year will use lithium iron phosphate batteries from domestic manufacturers. The brand-new Kona electric car launched last month uses lithium iron phosphate batteries from Ningde era. KG Mobility will use BYD's lithium iron phosphate batteries for their electric cars.
Tesla, which already sells electric cars in the South Korean market, is also preparing to export the domestic Model Y produced by Shanghai Super Factory to the South Korean market, equipped with lithium iron phosphate batteries from Ningde era. After passing environmental certification, it is expected to enter the South Korean market in the second half of the year.