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South Korean Chaebol Dethroned by China's Battery Giant
2025-05-24 /
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Author：小编
In 2018, UBS forecasted that LG Chem would ascend to the pinnacle of the global power battery market by 2025. This prediction seemed to be affirmed in 2020, when an SNE Research report revealed LG Chem's commanding 27.1% market share in the first quarter. LG Chem has exhibited robust resilience in the market, stabilizing its supply chain and adeptly fulfilling order demands. By 2025, its battery business revenue is anticipated to double. Amidst the burgeoning growth of the global battery market, LG Chem is proactively strategizing to fortify its industry-leading position.
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