Chinese Battery Materials Firms Invest Heavily in South Korea to Comply with US EV Tax Credit Rules 

Chinese Battery Materials Firms Invest Heavily in South Korea to Comply with US EV Tax Credit Rules.

Chinese battery materials companies are stepping up their investments in South Korea, with projects worth at least $4.4 billion announced this year.

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The aim is to decrease dependence on Chinese supplies and promote domestic production.

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Chinese companies are actively investing in South Korean battery firms, challenges remain.

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