Samsung SDI and LG Chem Have A Battery Problem In China Where Subsidies Were Redirected To LFP-Type Cells

The Chinese government surprised two South Korean lithium-ion battery manufacturers, both of which recently opened new factories in China . Samsung SDI opened a battery plant around five months ago, while LG Chem just earlier this year. The bulk of the batteries produced by Samsung SDI and LG Chem are pretty… …read more