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South Korea's Top 3 Battery Makers Brace for W1 Trillion ESS Tender Price War
svmuu.com11/08/2026 02:18
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Samsung SDI, SK On, and LG Energy Solution are preparing to compete for the South Korean government's third energy storage system (ESS) tender, valued at approximately 1 trillion won ($706.8 million), which could open as early as this month. SK On's recent victory in the latest tender has intensified competition, putting greater pressure on LG Energy Solution and its domestic rivals to cut costs.
Source：Korea Herald商业 · Source Link
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