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Korean battery makers

Korean battery makers grow fearful as U.S. overhauls IRA subsidy program

A red alert has gone off for Korean battery makers as the United States released specific requirements on its Inflation Reduction Act (IRA) subsidy...

Korean battery makers cut U.S. jobs as EV demand declines

Korean battery makers are laying off hundreds of workers from their U.S. plants as part of efforts to cut production amid faltering demand for electric...

Korean battery makers on alert as Ford pauses CATL plant

Korean battery makers are on the alert after Ford Motor’s recent decision to temporarily pause its Michigan battery plant with Contemporary Amperex Technology (CATL), which may help...

Korean battery makers to soon be eligible for U.S. tax credits

Korea’s battery makers will soon be eligible for U.S. tax credits under the newly-announced battery sourcing rules. The U.S. Treasury Department on Friday announced the...

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