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U.S. Big 3 Hybrid Sharp Turn, LG Ensol Samsung SDI Battery ‘Fatal Injury’ As the Big 3 American automobile companies make a sharp shift to focusing on hybrids this year, Korea's investment in batteries in the United States appears to be suffering a fatal blow. Reuters reported on the 15th, citing Morgan Stanley, that hybrid sales in the United States increased five times faster than electric veh..

European economic slowdown, rapid decline in electric vehicle growth, delisting of startups, falling stock prices The International Monetary Fund (IMF) said in its latest economic outlook on the 30th, “Europe’s growth rate has slowed significantly, reflecting weak consumer sentiment, the impact of high energy prices, and weakening investment in interest rate-sensitive manufacturing and businesse..

Ford's 6-week strike wage increase, 40% including 25% compound interest for 5 years, LG Ensol excluded After a six-week strike, Ford Motor Company's strike ended with an unprecedented and historic labor-management agreement that included a 25% wage increase for four years and a 33% increase including compound interest, but battery workers, in whom Korea had invested heavily, were excluded from t..

Battery replacement is required even in contact accidents in electric cars, and ‘high insurance premiums’ and environmental charges have become new ambush due to the battery cell cost, which accounts for half of the vehicle price. Many electric vehicles end up scrapping even slightly damaged battery packs after an accident, with no way to repair or evaluate them, leading insurance companies to w..

Sales of electric vehicles exceeded 10 million units last year, battery production surged 40%, and lithium production tripled, increasing China's dominance and increasing US subsidies. A Bloomberg report says electric vehicle (E.V.) sales will increase by 60% in 2022, with total sales exceeding 10 million, with nearly 30 million currently on the road, up from 10 million at the end of 2020. The N..