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LG Energy Solution and Samsung SDI Saw Their Combined North American Energy Storage Market Share Rise to 20.9% in the First Three Quarters
In the first three quarters, South Korean battery manufacturers LG Energy Solution and Samsung SDI saw their combined North American energy storage market share rise to 20.9%, according to data from market tracker SNE Research. This figure is up from 13.4% in the same period last year, driven primarily by new opportunities arising from stricter trade restrictions on Chinese products, with LG Energy Solution's shipments surging by 71%.
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