Korean Battery Supplier Operations in North America
LGES, SK On, Samsung SDI and materials suppliers expand into North America
2024/01/10
- Summary
- North American expansion activities by three major battery suppliers
- LG Energy Solution Ltd. (LGES)
- SK On Co., Ltd. (SK On)
- Samsung SDI Co., Ltd. (Samsung SDI)
- Supply chain trends
- IRA (Inflation Reduction Act)
Summary
This report focuses on the business trends of three major Korean battery suppliers, LG Energy Solution (LGES), SK On, and Samsung SDI, following the enactment of the IRA (Inflation Reduction Act) in the United States, and summarizes their business situation in North America.
Analysis reports: Lithium-Ion Battery
Related reports:
Electric Mobility in the USA (Jan. 2024)
U.S. Market: BEV Sales Ratio 7.5%, with over 20% in California (Nov. 2023)
Inflation Reduction Act: Support for EV/PHEV/FCEV Purchases (Jun. 2023)
Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity (Jul. 2023)
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