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Chairman of the Korea Battery Industry Association: South Korean battery industry shows early signs of recovery
Eom Ki-cheon, Chairman of the Korea Battery Industry Association and CEO of Posco Future M, stated on Thursday that the South Korean battery industry is showing early signs of recovery as stalled electric vehicle (EV) projects resume and growing demand for energy storage systems (ESS) offsets the slowdown in the U.S. EV market. He noted that global EV projects began to restart late last year, which is expected to drive a gradual rebound in the battery supply chain.
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