김종찬의 안보경제블로그

In a report at LG Ensol’s general shareholders’ meeting, Korea took the lead in “triple U.S. investment,” while Reuters said it was “negotiating to install it in Toyota.” Regarding LG Ensol CEO Kwon Young-soo's announcement on the 24th, Reuters reported that they were discussing with Toyota Motors to supply batteries for electric vehicles (EV), saying, "We are discussing ways of cooperation." Re..

Chinese battery manufacturer CATL has begun expanding its low-cost batteries by offering cost reductions and discounted battery prices for Chinese automakers. On the 27th, Reuters reported on a “low price discount” by interviewing four people familiar with the conditions for offering battery discount prices to electric vehicle manufacturers. The battery discount price offer discounted battery pr..

The strategy of relying on the US Inflation Reduction Act (IRA) to block Chinese lithium iron phosphate LEP batteries that are 2/3 the price of Korean 3-ion batteries and to grow rapidly in the Korean stock market has failed. The U.S. changed battery minerals from China to ‘produced in the U.S.’ for anode materials for LEP batteries by supporting renewable battery companies. On the 9th, the US D..

On the same day that the US agreed to activate the Inflation Reduction Act (IRA) with German and French economic ministers, South Korea announced that it would continue negotiations with the US to revise the IRA Act in alliance with Europe. German Economy Minister Robert Habeck and French Economy Minister Bruno Le Maire said in a press conference after meeting with US Treasury Secretary Janet Ye..

Honda and GM unveiled a business that expanded the production of ‘hydrogen fuel batteries’ and applied them to their own power plants for electric vehicles and large truck construction machinery, and on the 20th of last month, GM announced the breakdown of its fourth battery plant joint venture with LG Ensol. Honda managing director Shinji Aoyama told reporters at an event in Tokyo, "We will beg..

As semiconductor chip maker Micron laid off 10% of its workforce due to steeper-than-expected second-quarter losses, expectations of additional US interest rate hikes overlapped. Samsung's foundry sales declined and LG Ensol's stock plummeted in a continuous bear market. Market research firm Trend Force announced that sales of Samsung Electronics’ foundry division in the third quarter were 5.584..

As the US-China “semiconductor confrontation” intensified, the WTO made a “violation” decision on the “Chinese steel tariffs” imposed by the US Trump administration. At a press conference on the 12th, White House National Security Adviser Jake Sullivan said, “We discussed export restrictions to Japan, the Netherlands, and China, which manufacture semiconductor manufacturing equipment.” Bloomberg..

On the 11th, Honda exclusively announced an allocation of $350 million to a battery plant in the US, where it jointly invests $440 million with LG Ensol, and exercised management leadership. Japan's Honda Motor Company announced on the same day that it would allocate $350 million out of the initially announced input of $440 million to the Ohio battery plant, embodying plans to operate in 2025 an..

The outlook for battery petrochemical companies with a surge in foreign currency debt is gloomy as central banks around the world announced a larger-than-expected rate hike on the 22nd and stocks fell to the lowest since June. The stock market, which has been tempting stock buyers with mouth-watering returns on corporate debt, has shifted to cash holdings following interest rate hikes, and stric..