US & Europe to join the flow … EV battery in `global war`
[ Park Jong Il comja77@ ] | 2017-10-23 11:13:41
The global battery war is starting in earnest as the US and Europe enter into the electric vehicle battery market, which is divided into three parts by Korea, Japan and China. Although Korea`s status is still the world best in this market, considering the policy support of major countries such as China, it is not easy to maintain its market advantage in the future.
According to new electric car battery manufacturer on October 22 in North bolts, etc industry and Foreign recent EUR 4 billion (about KRW 5.3 trillion) investment to electric vehicles and the electric power stored in the shell Lev Leo and Vasteras areas in northern Sweden device (ESS) We have concluded an agreement with local governments to build a large battery plant. The company, which former Tesla executive Peter Carlson is chief executive officer, plans to produce 8GWh of batteries per year by 2020, starting construction of the plant in the second half of next year. It will increase to 32GWh by 2023.
This exceeds the total annual output of LG Chem and Samsung SDI. According to industry sources, LG Chem is estimated to produce around 20GWh of electricity per year by capacity. Samsung SDI is known as about 10GWh.
Meanwhile, in Europe, another BASF, Volkswagen, BMW, Mercedes-Benz reportedly put up such a plan, such as making the alliance supports the EUR 2.2 billion (about KRW 3 billion) to the battery manufacturers to develop next year. Tesla and Panasonic have said they will increase annual production of Giga Factory, a joint venture in Nevada, USA, by 35GWh annually next year.
As a result, LG Chem and Samsung SDI battery makers are likely to appear in the US and Europe after 2020. According to market researcher SNE Research, battery shipments of electric vehicles for the first half of this year are ranked among the top three by Korean automakers such as Panasonic, LG Chem, and CATL. Korean companies are nervous about the movements of the US and Europe. Industry insiders stated, "Manufacturers, mainly in the US and Europe, can switch to domestic batteries in a few years." In some industries, it is important to secure technological competitiveness such as semiconductors in order to overcome such nationalism, and it is pointed out that the government needs domestic policies to foster domestic demand. Past the electric vehicle registration until September, according to the Ministry of Transportation it is unclear whether target of 14,000 to achieve this year`s government in 9481. Also as in the world to change the EV development policies regulating center in subsidies centered, more our country and some point out that it is necessary to move aggressively. Instead of abolishing the subsidy for electric cars starting in 2020, China plans to fill 10% of its total sales volume by 2019, In Korea, there is a debate about the introduction of the obligatory sales system of electric cars, but there is no concrete plan yet. The industry pointed out that if the domestic battery makers only stop foreign entry, the market competitiveness will weaken rapidly because the government cannot raise the domestic market. The Ministry of Commerce, Industry and Energy is reviewing the composition of subcommittees to examine the possibility of technology leakage in the battery field.
By Park Jong Il comja77@
[ copyright ⓒ The Digitaltimes ]
According to new electric car battery manufacturer on October 22 in North bolts, etc industry and Foreign recent EUR 4 billion (about KRW 5.3 trillion) investment to electric vehicles and the electric power stored in the shell Lev Leo and Vasteras areas in northern Sweden device (ESS) We have concluded an agreement with local governments to build a large battery plant. The company, which former Tesla executive Peter Carlson is chief executive officer, plans to produce 8GWh of batteries per year by 2020, starting construction of the plant in the second half of next year. It will increase to 32GWh by 2023.
This exceeds the total annual output of LG Chem and Samsung SDI. According to industry sources, LG Chem is estimated to produce around 20GWh of electricity per year by capacity. Samsung SDI is known as about 10GWh.
Meanwhile, in Europe, another BASF, Volkswagen, BMW, Mercedes-Benz reportedly put up such a plan, such as making the alliance supports the EUR 2.2 billion (about KRW 3 billion) to the battery manufacturers to develop next year. Tesla and Panasonic have said they will increase annual production of Giga Factory, a joint venture in Nevada, USA, by 35GWh annually next year.
As a result, LG Chem and Samsung SDI battery makers are likely to appear in the US and Europe after 2020. According to market researcher SNE Research, battery shipments of electric vehicles for the first half of this year are ranked among the top three by Korean automakers such as Panasonic, LG Chem, and CATL. Korean companies are nervous about the movements of the US and Europe. Industry insiders stated, "Manufacturers, mainly in the US and Europe, can switch to domestic batteries in a few years." In some industries, it is important to secure technological competitiveness such as semiconductors in order to overcome such nationalism, and it is pointed out that the government needs domestic policies to foster domestic demand. Past the electric vehicle registration until September, according to the Ministry of Transportation it is unclear whether target of 14,000 to achieve this year`s government in 9481. Also as in the world to change the EV development policies regulating center in subsidies centered, more our country and some point out that it is necessary to move aggressively. Instead of abolishing the subsidy for electric cars starting in 2020, China plans to fill 10% of its total sales volume by 2019, In Korea, there is a debate about the introduction of the obligatory sales system of electric cars, but there is no concrete plan yet. The industry pointed out that if the domestic battery makers only stop foreign entry, the market competitiveness will weaken rapidly because the government cannot raise the domestic market. The Ministry of Commerce, Industry and Energy is reviewing the composition of subcommittees to examine the possibility of technology leakage in the battery field.
By Park Jong Il comja77@