Korea's battery trio spend W4.3tr despite prolonged EV slowdown
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Source: The Korea Herald
Published: 2026-08-18 15:42 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Asia, South Korea, Tax & Budget, World News, Asia Pacific
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Snippet:
South Korea’s three major battery makers poured over 4 trillion won ($2.84 billion) into plant construction and equipment upgrades in the first half of the year, keeping their capital spending steady even as the slowdown in electric vehicle demand drags on.
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