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Korea increases market share as lithium-ion battery manufacturing use in EVs grows YoY

Wed, 02/12/2020 - 10:00 -- Paul Crompton

Annual global battery consumption in registered electric vehicles jumped nearly 17% last year with 117GWh of capacity installed into vehicles.

No surprises that Asia dominated the supply chain with the top 10 manufacturers all based in China, Japan and Korea, according to market research firm SNE Research.

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