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World No. 1 President of K-Battery ‘Market Monopoly’ Ministry of Industry ‘Lease System’

김종찬안보 2021. 7. 13. 18:18
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On the 8th, President Moon Jae-in declared, "We will become the number one battery country in name and reality by 2030," and "actively support the establishment of a strong alliance between battery companies and demanding companies."
In a speech on the development strategy of 'K-battery', which is leaping to become the world's No. 1 nation, at LG Energy Solution's Ochang Plant on the same day, President Moon said, "It is an industry that takes the lead in the global market." Under the keynote of “actively supporting the establishment of a strong alliance,” he announced the market combination of battery companies and automobile companies as a development strategy.

At the same meeting, Minister of Trade, Industry and Energy Moon Seung-wook announced the implementation of a ‘rental service (lease system)’ by separating the secondary batteries of electric vehicles from the vehicle as a ‘K-battery development strategy’.

The 'subscription service' system for battery cars announced by Minister Moon is a separate method in which consumers lease (rent) secondary batteries separately, based on a system in which the price of secondary batteries is subtracted from the vehicle price and half the car price is subsidized. A pilot project begins.

Earlier, the government designated batteries as a national strategic technology along with semiconductors and vaccines and announced large-scale R&D and tax and financial support.
President Moon said, "The development of battery technology is a key driving force that transforms the Korean economy into a leading economy," speaking of K-battery taking the first place in the world on the same day. Creation' and 'establishment of solidarity and cooperation industry ecosystem'.

Regarding achieving world No. 1 on the same day, President Moon said, “We surpassed Japan in 2011 to become the world’s No. "Combination of company and battery manufacturers" said the government to promote a monopoly market system.


K Battery, National Strategic Industry, Moon Jae-in, Battery Manufacturer, Minister of Industry, Leading Economy, World No. 1, Market Monopoly, Lease System, Electric Vehicle Company